925 & 927 W Main Street, El Cajon CA 92020
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.
