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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
HIGH POTENTIAL INVESTMENT, OWNER-USER POSSIBLE. 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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