RECENTLY CLOSED!! 5996-5998 EL CAJON BOULEVARD SAN DIEGO, CA 92115

May 12, 2022

RECENTLY CLOSED!! 5996-5998 EL CAJON BOULEVARD SAN DIEGO, CA 92115

  • Final Sales Price: $3,350,000
  • +/- 6,256 Square Foot Building Size $535 Per Building Square Foot
  • +/- 22,651 Square Foot Lot Size with 22 Parking Spots
  • 5.26% Cap Rate Lease Expiration: January 30, 2024
  • Tenant has (4) 5-year Options to Extend the Lease
  • Currently Leased to Citi Bank
  • Large Lot Situated on the Corner of El Cajon Boulevard with 66 feet of frontage
  • Established Banking Location Since the 1970’s
  • 1.5% Annual Increases in the Rental Amount
  • Represented the Buyer in a 1031 exchange