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3725-3729 El Cajon Blvd
San Diego, CA 92105 Corridor

$5,300,000 USD

Self Storage For Sale  •  31,500 SF

Property Details

  • Property Type Self Storage
  • Total Building Size 31,500 SF
  • Lot Size 0.39 AC
  • Building Class C
  • Year Built 1941
  • Zoning CN-1, City of S.D.
50 Transit Score
80 Walk Score

Highlights

5-story building with a freight elevator, parking, roll up door, 3-phase power, and signage, with immediate access to I-15 and I-805
84.5% occupancy across a highly diversified rent roll of 71 tenants with evidence of durable, broad-based demand for the space
60% NOI growth path driven by lease-up of vacant suites and mark-to-market rent increases
Flexible creative studio, maker space, and micro-storage suites, a use type with very limited comparable inventory in North Park's evolving market
In-place rents sit below the market-rent column throughout the roll, CAM recovery structure already in place to capture additional upside on turnover
Cell phone antenna income available

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
San Diego (COASTER - Amtrak, Pacific Surfliner - Amtrak) 10 min - 6.4 mi
San Diego - Santa Fe Depot (COASTER - North County Transit District) 10 min - 6.5 mi
AirportDriveWalkDistance
San Diego International 12 min - 5.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Ryan King 619-567-2677 CAST Capital Partners
Ryan King 619-567-2677 CAST Capital Partners