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717-723 S Imperial Ave 5,000 SF Retail Building Calexico, CA 92231 $1,200,000 ($240/SF)
Investment Highlights
- Drive through route has been designed on the lot
- Amazing location. Main Road Imperial Ave. (West land port of entry)
- Outside patio space for the restaurant, and other office spaces
- Can convert this to a national tenant—occupied building just like neighboring McDonalds & Jack In the Box with drive through built into the lot.
Executive Summary
CAN BE DELIVERED VACANT. CURRENT TENANTS ARE MONTH TO MONTH. Prime opportunity on Imperial Ave near the West Land Port of Entry—this property features a pre-designed drive-through route, outdoor patio space for a restaurant, and additional office areas. Located next to national tenants like McDonald's and Jack in the Box, it offers strong potential for conversion to a national tenant-occupied building with drive-through capabilities already integrated into the lot. GREAT LOCATION FOR KOREAN BBQ, ANY DRIVE-THRU FAST FOOD RESTAURANTS, THIS IS WHERE THE REAL MONEY IS MADE!!! ** OFFERING SPECIAL SBA LOAN UPTO 120%(BUILDING AND COST OF RENOVATION COST) OF THE BUILDING LISTING PRICE.*** GREAT FOR OWNER USER!!
The building is 100% rented for following tenants:
*717-723 Imperial Ave. Calexico building, Annual Income: $43,920
717 - Restaurant/Taco shop -- $1,500 (M to M, although $2,000 in Contract)
717 - Patio Storage -- $ 60
723 - Candy shop -- $1,000 (M to M, although $1,500 in Contract)
723-A - Casa de Cambio -- $ 600 (M to M)
723-B - Church Office -- $ 500 (M to M)
* Tenants are responsible for all repairs & maintenances & property insurances,
* Landlord just pays the Property Tax ($9,160 per year)
The building is 100% rented for following tenants:
*717-723 Imperial Ave. Calexico building, Annual Income: $43,920
717 - Restaurant/Taco shop -- $1,500 (M to M, although $2,000 in Contract)
717 - Patio Storage -- $ 60
723 - Candy shop -- $1,000 (M to M, although $1,500 in Contract)
723-A - Casa de Cambio -- $ 600 (M to M)
723-B - Church Office -- $ 500 (M to M)
* Tenants are responsible for all repairs & maintenances & property insurances,
* Landlord just pays the Property Tax ($9,160 per year)
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Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1990
Price
$1,200,000
Price Per SF
$240
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial - Please verify with city of Calexico
Frontage
132’ on Imperial Avenue
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Casa de Cambio
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Casa de Cambio | Retailer | - | - | - |
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 058-413-001-000 | Improvements Assessment | $165,907 |
| Land Assessment | $299,788 | Total Assessment | $465,695 |
Property Taxes
Parcel Number
058-413-001-000
Land Assessment
$299,788
Improvements Assessment
$165,907
Total Assessment
$465,695
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717-723 S Imperial Ave
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