Fully Leased Investment Opportunity

Located at 868-880 N 2nd Street, El Cajon, CA 92021. For Sale. $1,999,000. Building size: 4,474 SF. Lot size: 17,258 SF. Listed by Erik Wiese of Wiese & Associates. Contact 619-593-3600 for details, tours, and offering memorandum.

About this property

Property Overview:868-72 N. 2nd Street- 2,450SF on 7,707SF Lot880-82 N. 2nd Street- 2,024SF on 9,551SF Lot876 N. 2nd Street- Billboard Lease with Income from Clear ChannelFeatures:Fully LeasedTenants Pay SDGELandlord Pays Water and Trash for MostIncome: $125,658/yearExpenses: $30,800/yearNOI: $94,858/yearCap Rate is 4.7%Zoning: General Commercial Zoning C-G Allows for: Office, Retail, Automotive Services etc. Location:Located conveniently off the 8 Freeway at 2nd Street Exit