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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) 8.89% 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
Data Room Click Here to Access
- Offering Memorandum
- Title and Insurance
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
8.89%
NOI
$355,521
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 (3.31 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 Metropolitan Pathology Laboratory in New York and later became an independent company under the Quest name after a spin-off from Corning. Quest Diagnostics now focuses on diagnostic information services, offering laboratory testing, gene-based and molecular testing, healthcare information technology, data analytics, lab services, and lab operations. Quest Diagnostics also supports clinicians and consumers through a national laboratory network, patient testing locations, specialty labs, and international collaborations in markets such as India, Ireland, and Mexico.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
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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Contact the Sale Advisor
1627-1649 W Main St