Shopping Center - NNN Net Lease Property for Sale
El Cajon, CA
Key Investment Metrics
Price
$1,900,000
Cap Rate
5.5%
Net Operating Income
$105,060
Building Size
3809 SF
Lot Size
53,233 SF
Land Area
1.2 Acres
Year Built
2014
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years
About This Shopping Center Net Lease Property
This Shopping Center NNN (triple net lease) property is located in El Cajon, CA and represents an excellent investment opportunity for commercial real estate investors. The property features 3809 square feet of building space and was built in 2014.
With a cap rate of 5.5%, this Shopping Center net lease property offers stable income potential. The asking price is $1,900,000, making it an attractive option for 1031 exchange investors seeking quality Shopping Center commercial properties.
Why Invest in Shopping Center NNN Properties?
- Stable Income: Shopping Center net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Shopping Center is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
El Cajon, CA Market Overview
Located in El Cajon, CA, this Shopping Center property benefits from strong local demographics and market fundamentals. The El Cajon area offers excellent visibility and accessibility, making it an ideal location for Shopping Center operations and a solid investment for net lease property buyers.