REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,450,000
Est. payment | /mo
0.89 Acres Lot
$ 6,450,000
Est. payment | /mo
0.89 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250028048SD
HOA Y/N No
Lot Size 0.890 Acres
Property Description
Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick's Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.
Location
State CA
County San Diego
Area 92021 - El Cajon
Interior
Heating Forced Air, See Remarks
Inclusions , ,
Fireplace No
Others
Tax ID 4842933400

Listed by Brandon Long • Regional Realty & Investments Inc.
REVIEWS
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance
We educate you on the market and guide you to the best best decision about your move.

Proven Systems
Over 23 years of real estate experience has helped us perfect our results-driven buying and selling systems.

Results Driven
We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.