341-345 N 2nd St

Investment Highlights

El Cajon Multi-Tenant Retail Investment 100% NNN Leased Investment Two Tenant Retail Occupied by Subway and Nail Salon 2.700 SF Building on 19,558 SF (0.45 AC) Land 5.65% In-Place Cap Rate High Traffic Corridor of El Cajon on N 2nd Street with 38K VPD

Executive Summary

The Totah Group of Marcus & Millichap is pleased a two tenant retail investment property in El Cajon, CA. The property is 100% NNN leased to Subway and a Nail Salon which have been at this property for decades. This high traffic retail corridor of 2nd Street in El Cajon which sees over 38,000 vehicles per day and is directly across from multiple grocery anchored retail centers. The property features quick access, just one block from the Interstate 8 Freeway exit that connects to the rest of East County San Diego.Download OM: https://www.thetotahgroup.com/property/ecretail/

• Sale Type    Investment NNN
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Restaurant
• Building Size    2,870
• Building Class    C
• Year Built    1960
• Price    1,500,000
• Price Per SF    523
• Cap Rate    5.65
• NOI    84,700
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.15
• Land Acres    0.44 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

• Signage