8781 Cuyamaca St 16,390 SF 80% Leased Retail Building Santee, CA 92071 $4,500,000 ($274.56/SF) 4.48% Cap Rate

CBRE is proud to present an investment opportunity at 8781 Cuyamaca Street and 9822 Buena Vista Ave, located in the desirable Santee neighborhood of San Diego. 8781 Cuyamaca Street is strategically located on a main thoroughfare on a signalized intersection, and just moments away from the 52 Freeway.  Situated in a highly desirable trade area, the demographics support a stable in-place income with substantial near-term upside potential for value-add investors. In addition, short term leases allow for repositioning of tenants and possible redevelopment opportunity. The solid underlying real estate fundamentals make this property a compelling choice for those looking to enhance their investment portfolio.
Adding to its appeal, the newly established Sharp Rees-Stealy Medical Group directly across the street is driving increased traffic to the area, further enhancing the property’s visibility and attractiveness. Don’t miss this chance to capitalize on a unique opportunity with upside potential in the city of Santee. 
CORE  LOCATION: Conveniently situated across from the newly opened Sharp Rees-Stealy Medical Group on a high traffic, signalized corner. This area boasts excellent visibility and accessibility, making it an ideal spot for businesses and residents alike. 
REDEVELOPMENT OPPORTUNITY: The availability of short-term leases presents an opportunity for tenant repositioning and potential redevelopment. The property is zoned General Commercial (GC), permitting a wide array of uses.
ATTRACTIVE PRICING BELOW REPLACEMENT COSTS: The offering price of $275 PSF is below current replacement cost, providing investors with a compelling value proposition and a strong basis for long-term capital appreciation.
MAJOR RETAIL TRADE AREA: Nearby retailers include: Costco, Home Depot, Lowes Hardware, BevMo!, Raising Cane’s, Chick Fil A, Walmart, Target, Khols, Barnes & Noble, In-N-Out and many others
HIGH TRAFFIC | EXCELLENT VISIBILITY: With an established growing community, the site caters heavily to surrounding residents while benefiting from a solid daytime population. 
ZONING: The GC zone allows for various uses including administrative offices, animal care facilities, appliance repair, athletic clubs, automotive services, car wash, barber/beauty shops, Fast food restaurants with drive-in or drive-through service and more, according to the City of Santee’s eCode360. For a full list, visit: www.ecode360.com/43756543#43756557 
DESIGNATED PARKING FIELD: The site benefits from ±56 on site parking spaces.