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1627-1649 W Main St 25,700 SF 90% Leased Retail Building El Centro, CA 92243 $4,000,000 ($155.64/SF) 8.17% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 90% leased with retail shops comprising 55.9% of GLA and offices comprising 44.1% of GLA
- Low rents and low price per sq. ft.
- Located in the Heart of El Centro and Imperial County
EXECUTIVE SUMMARY
*Multi-Tenant Leased Investment- 90% leased to 12 Tenants
*Part of Larger 300,000 Grocery/Drug/Fitness Anchored Center
*Well located in the heart of El Centro and Imperial County
*Low rents and Low Price/SF provides Future Upside
*Part of Larger 300,000 Grocery/Drug/Fitness Anchored Center
*Well located in the heart of El Centro and Imperial County
*Low rents and Low Price/SF provides Future Upside
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,700 SF
Building Class
C
Year Built/Renovated
1960/2006
Price
$4,000,000
Price Per SF
$155.64
Cap Rate
8.17%
NOI
$326,800
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
1.16 AC
Zoning
CG - General Commercial Zoning
Parking
85 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
1,269’ on W Main St
AMENITIES
- Signage
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Quest Diagnostics is one of the largest and most influential clinical laboratory and diagnostic information companies in the United States. Founded in 1967, the company has grown into a Fortune 500 health-care leader with a national and international footprint.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $6,397,047 | |
| Land Assessment | $1,136,348 | Total Assessment | $7,533,395 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,136,348
Improvements Assessment
$6,397,047
Total Assessment
$7,533,395
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1627-1649 W Main St
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