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