Property Description
SECURE INCOME STREAM
- 10-Year NNN Lease, Minimal Landlord Responsibilities – Landlord solely responsible for roof and structure
- 4% Annual Rent Increases Throughout Base Term – With two, 5-year renewal options at fair market value
- Leased to Sunstate Equipment Rentals – A growing provider of construction and industrial equipment with over 90 locations across 16 states
PROXIMITY
- 323,245 Residents in Primary Trade Area – Average household income of $124,501
- Large 1.53 Acre Parcel with Excess Yard Space – Ideal location in El Cajon due to its proximity to major highways and downtown San Diego
- Strong Daytime Population of 284,323, Surrounded By Dozens of National Retailers – Including Home Depot, Dick’s, Best Buy, Aldi, CVS, Walgreens, McDonald’s, Chase Bank, and Chipotle
- Just off Highway 67 with 99,515 VPD – Direct access to Interstate 8 and SR-52
