Mixed-Use Development Opportunity | Commercial Village on W. Main Street


925 & 927 W Main Street, El Cajon CA 92020

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MIXED-USE DEVELOPMENT

Commercial Village on W. Main St


LOT SIZE

±10,780 SF


SALE PRICE

$1,300,000


GRM:

Current: 19.0

Market: 13.1


Cap Rate:

Current: 4.8%

Market: 6.3%


Property Features:

  • Great Signage on W Main Street

  • New Roofing at 925 W Main Street

  • 925 W Main St (Office) - APN: 487-282-29-00 (Approx. 5,198 SF)

  • 927 W Main St (Vacant Lot) - APN: 487-282-28-00 (Approx. 5,582 SF)

  • Located in the El Cajon Transit District Specific Plan (View Link)


*Market value range "is as is" vs. new construction for retail, office or restaurant.

Proforma based conservatively on single tenant per lot, no multi-family upper units or multiple office retail & conservative total square foot for lot size.

Current Tenants have been location for 10 years+ and paying the same rate.

These lots are zoned for mixed use with few 2nd and possible 3rd floor units. Proforma is conservative with only a single tenant considered and no upper units figured in.


El Cajon Transit District Specific Plan:


CIRCULATION GOALS & CONSIDERATIONS:

  • Enhancing multi-modal access to and from the Transit Station

  • Establishing synergies with future land uses

  • Reinforcing a “sense of place” and identity authentic to El Cajon

  • Fostering community sustainability by enhancing the urban forest and implementing green

  • Infrastructure elements (green streets, bioswales, flow through planters, permeable paving).





COMMUNITY DESIGN PRINCIPALS:

  • Enhance Pathways to Transit

  • Highlight Activity Nodes and Gateways

  • Develop a Village with Unique Identity and Character

  • Encourage Gathering Spaces, Courtyards and Plazas

  • Make Parking Unobtrusive to Pedestrians

  • Provide Buffers and Transitions

  • Support Positive Street Frontages and Land Use Interfaces





Contact Pacific Coast Commercial


LESHA MONTOYA

Associate Vice President

D (619) 992-5836

Lesha@PacificCoastCommercial.com

Lic. 02007808


10721 Treena Street, Suite 200 San Diego, CA 92131

Office (619) 469-3600

www.PacificCoastCommercial.com

Lic. 01209930


The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt its accuracy, but we do not guarantee it. All information including zoning and use should be verified prior to completing a purchase.



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(619) 469-3600  |  10721 Treena Street, Suite 200, San Diego, CA 92131  |  License # 01209930