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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 began in 1967 as a small pathology lab in New York and has grown into a major diagnostic services provider. The company offers clinical lab testing for medical conditions, genetic testing services, and drug testing for employers. Quest also provides health and wellness services to businesses and physicians. With a nationwide network of labs and patient centers, they serve millions of patients annually. Their services help doctors diagnose diseases, monitor treatments, and make informed healthcare decisions.
| 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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