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1136-1142 Broadway 11,000 SF Vacant Office Building El Cajon, CA 92021 $3,650,000 ($331.82/SF) 1.64% Cap Rate
Investment Highlights
- SBA loan eligible: occupy 64% and collect income from remaining tenants
- Restroom and kitchen in each vacant unit – ideal for service-based tenants
- Located in a highly active commercial corridor near major retailers
- Value-add upside through lease-up of existing vacant space
- Strong visibility and access on Broadway with ample parking
Executive Summary
This ±11,000 SF building offers a compelling opportunity for both value-add investors and owner-users in one of El Cajon’s most active commercial corridors. Currently 36% leased, the property is anchored by a single tenant who master leases the entire eastern half, while the western half — totaling 7,000 SF — is fully vacant and available for occupancy.
Each vacant unit on the western side includes a restroom and kitchen, making it ideal for a variety of retail, Office, or flex users. The property was renovated in 2022, and offers clean, functional improvements ready for lease-up or move-in.
Each vacant unit on the western side includes a restroom and kitchen, making it ideal for a variety of retail, Office, or flex users. The property was renovated in 2022, and offers clean, functional improvements ready for lease-up or move-in.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,000 SF
Building Class
C
Year Built/Renovated
1973/2022
Price
$3,650,000
Price Per SF
$331.82
Cap Rate
1.64%
NOI
$60,000
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,500 SF
Slab To Slab
9’
Building FAR
0.35
Lot Size
0.72 AC
Zoning
C-G - (G-C) Zoning Allows for General Commercial uses Including: Offices, Retail, Medical and Dental Offices, Restaurants, Pharmacy, Trade School, Auto sale
Parking
14 Spaces (1.27 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Property Manager on Site
- Signage
- Storage Space
- Fully Carpeted
- Partitioned Offices
- Secure Storage
- Drop Ceiling
- Monument Signage
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Tatlock R T Driveway Construction
- Construction
- -
- -
- -
- TC Motors
- Retailer
- -
- -
- -
-
- Retailer
- -
- -
- -
Timoney Firearms & Accessories is a privately held company in El Cajon, CA and is a Single Location business.
- Tony Carasco Motors
- Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Tatlock R T Driveway Construction | Construction | - | - | - | ||
| TC Motors | Retailer | - | - | - | ||
|
|
Retailer | - | - | - | ||
| Tony Carasco Motors | Services | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 400-1,000 SF
- Office/Retail
- Partial Build-Out
- Now
- 1st Floor
- 400-1,000 SF
- Office/Retail
- Partial Build-Out
- Now
- 1st Floor
- 400-1,000 SF
- Office/Retail
- Partial Build-Out
- Now
- 1st Floor
- 400-1,000 SF
- Office/Retail
- Partial Build-Out
- Now
- 1st Floor
- 400-1,000 SF
- Office/Retail
- Partial Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 400-1,000 SF | Office/Retail | Partial Build-Out | Now |
| 1st Floor | 400-1,000 SF | Office/Retail | Partial Build-Out | Now |
| 1st Floor | 400-1,000 SF | Office/Retail | Partial Build-Out | Now |
| 1st Floor | 400-1,000 SF | Office/Retail | Partial Build-Out | Now |
| 1st Floor | 400-1,000 SF | Office/Retail | Partial Build-Out | Now |
1st Floor
| Size |
| 400-1,000 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 400-1,000 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 400-1,000 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 400-1,000 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size |
| 400-1,000 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 484-184-15 | Improvements Assessment | $795,906 |
| Land Assessment | $1,591,812 | Total Assessment | $2,387,718 |
Property Taxes
Parcel Number
484-184-15
Land Assessment
$1,591,812
Improvements Assessment
$795,906
Total Assessment
$2,387,718
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