4th & Orange Retail Center 497 S 4th St 12,638 SF 100% Leased Retail Building El Centro, CA 92243 $1,490,000 ($117.90/SF)

Retail Development / Value-Add Opportunity
The subject property is comprised of 5 buildings totaling 12,638 SF situated on a lot of 1.24 AC (54,000 SF). Located at the signalized intersection of S 4th Street and Orange Avenue, the property has extensive frontage and visibility along Highway 86 with approx. 30,000 cars per day. All 5 tenants are on month-to-month leases, providing an investor or owner/user an excellent opportunity to reposition or redevelop the property. With flexible CG zoning (General Commercial), the property is permitted for a wide variety of uses, including: drive-thru QSR, car wash, gas station/C-store, and more.
• Prominent Highway 86 Exposure: The property has extensive frontage along S 4th Street (Highway 86) with approx. 30,000 cars per day. Highway 86 serves as one of the major N/S highways connecting Imperial County and Interstate 8 and the Coachella Valley and Interstate 10 to the north.
• Strong Location Fundamentals: With a signalized intersection, busy traffic along a main commercial corridor, and 3 existing driveways along Highway 86, the property has very strong real estate location fundamentals making it a great development opportunity for a wide variety of retail uses.
• Favorable Zoning & Site Configuration: With a zoning of General Commercial, the property is permitted (by right) for drive-thru QSR’s and express car washes, and permitted with a CUP for gas stations and convenience stores. This favorable zoning, combined with a functional rectangular site configuration and oversized lot of 1.24 AC, creates an easier path to future redevelopment.