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213 E Cole Rd
Calexico, CA 92231
Retail Property For Sale
Investment Highlights
- Strong Tenant Commitment featuring a 16-Year Absolute NNN Lease with 10% rental increases every 5 years.
- Stable investment that is perfect for out-of-town investors with zero landlord responsibilities required by ownership.
- ?Strategically located adjacent to a Walmart Supercenter (Awarded Top Performing Store 2019) and ALDI off Highway 111 (±37,500 VPD) and East Cole Blvd
- ?Newly remodeled high-quality building sitting on 0.65 acres of land that features a dedicated drive-thru.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,119 SF
Building Class
C
Year Built/Renovated
1994/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.65 AC
Parking
25 Spaces (8.46 Spaces per 1,000 SF Leased)
Frontage
315’ on E Cole Rd
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 059-010-034-000 | Improvements Assessment | $1,782,974 |
| Land Assessment | $303,797 | Total Assessment | $2,086,771 |
Property Taxes
Parcel Number
059-010-034-000
Land Assessment
$303,797
Improvements Assessment
$1,782,974
Total Assessment
$2,086,771
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