Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley,
MLS #
SD250028048
MLS Source
San Diego MLS
Days on Site
4
# Buildings / # Units
1
Present Use
Office, Other, Retail
Flooring
Concrete, Other
Cooling
Central Forced Air - Electric
Heating
Central Forced Air - Electric, Central Forced Air - Gas
Roof
Other
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
1068 Broadway is a Commercial Sale in El Cajon, CA 92021. This 15,632 square foot property sits on a 0.89 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,450,000 and was built in –.
This address can also be written as 1068 Broadway, El Cajon, CA 92021.©2025 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of May 21, 2025. For the most current information, please contact Brandon Long, (619) 990-3179