Check Availability
$6,100,000
↑ $105K (1.8%)
● Commercial - For Sale

1068 Broadway

El Cajon, CA 92021
bedrooms
Studio
bathrooms
0 Bath
$29,953
Est. Monthly

About This Property

Current appraisal in hand at list price! 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, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210.
Unit Size
-
Days on Market
516 days
Land Size
0.89 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1985

Listed By

Brandon Long
Regional Realty & Investments

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Last updated: 7 months ago (SDMLS #250028048SD)

Price History

Date / Event Date Event Price
Apr 18, 2026 Price Increased $6,100,000
↑ $105K (1.8%)
Price Increased
Dec 20, 2025 Price Decreased $5,995,000
↓ $5K (0.1%)
Price Decreased
Sep 18, 2025 Price Decreased $6,000,000
↓ $250K (4%)
Price Decreased
Aug 14, 2025 Relisted $6,250,000
Relisted
Aug 5, 2025 In contract -
In contract
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Property Highlights

Exterior Details
Construction Materials: Other
Lot Size Area: 38768
Lot Size Units: Square Feet
Lot Size Acres: 0.89
Lot Size Square Feet: 38768
Utilities Details
Heating Type: Forced Air, See Remarks

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Building Info

1068 Broadway 1068 Broadway, El Cajon, CA 92021
  • 1 Unit for Sale
More about this Building
1068 Broadway
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