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5933-43 El Cajon Blvd 3,482 SF 100% Leased Retail Building San Diego, CA 92115 $2,000,000 ($574.38/SF)



INVESTMENT HIGHLIGHTS
- Owner User/Investment Opportunity
- College Area - 1 Mile from SDSU
- Redevelopment Opportunity
EXECUTIVE SUMMARY
5933 El Cajon Boulevard includes a 2,482 SF sushi restaurant and 1,000 SF retail building on a 11,087 SF lot in the College Area - 1 mile from San Diego State University! It is an incredible owner-user opportunity that features a fully built-out kitchen, 2 ADA compliant restrooms, sushi bar, ABC license, and will be sold as is with all fixtures, furniture and appliances. The retail building features 2 retail tenants currently paying sub-market rents on month-to-month leases. Furthermore, the property is located in the CUPD-CU-2-4 zone and the Complete Communities Housing Solutions Tier 3 (6.5 FAR), which allows for significant redevelopment upside. El Cajon Blvd sees over 27,000 vehicles per day and the College Area is considered a retail hub that is anchored by notable retailers such as Vons, Trader Joes, Ralphs, and CVS. The current student population at SDSU is 39,000. SDSU also recently announced their $1B development initiative highlighting 7 new student housing towers to be built by 2030. SDSU's student housing development plan and other recent developments along El Cajon Blvd demonstrate the attractiveness of the submarket with significant investments being made to support the continued growth of the local economy.
90% SBA and seller financing available, please call brokers for more information.
90% SBA and seller financing available, please call brokers for more information.
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Title and Insurance
- Miscellaneous
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,482 SF
Building Class
B
Year Built/Renovated
1968/2023
Price
$2,000,000
Price Per SF
$574.38
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.26 AC
Zoning
CUPD-CU-2-4 - CUPD-CU-2-4 - mixed-use zoning. Density bonus offered through San Diego Complete Communities Housing Solutions (Tier 3, 6.5 FAR)
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
1 of 8
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5933-43 El Cajon Blvd
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