Shopping Neighborhood
Broadway Village Center
701-777 Broadway, El Cajon, CA 92021
Listing Price: $9,237,759
Investment Overview
Marcus & Millichap is pleased to offer Broadway Village Center at 701 -777 Broadway, El Cajon —a 25,460 square foot stabilized 100 percent leased neighborhood shopping center located in the high-growth city of El Cajon California located in one of San Diego County’s most active and desirable retail corridors, known for high consumer traffic and strong tenant demand. This stabilized asset offers diversified income, alongside a strong mix of daily-needs retailers.
Ideally positioned along Broadway, the primary east-west commercial corridor, the property features approximately 408 feet of frontage with exposure to a combined (±38,862 vehicles per day) along Broadway and North Mollison Avenue. This high-visibility location ensures strong consumer exposure and draws consistent traffic from both commuters and local residents.
The property includes 25,460 square feet of GLA on ±2.19 acres and is priced below replacement cost. Two legal parcels offer future flexibility, including the potential to sell off the outparcel to reduce investment basis. The tenant mix includes hardy mix of tenants: eight percent Quick Service Restaurants (QSR) and 15 percent Specialty Retail, 18 percent Medical, four percent Grocer, 18 percent Services, 32 percent Fitness and five percent clothing catering to both the local community consumer demand.
The surrounding trade area includes over 321,681 residents within a five-mile radius, supported by an average household income of $118,399. El Cajon is experiencing steady population growth, with a projected 6.2 percent increase over the next five years, driven by new housing developments and infrastructure investment. The city of El Cajon is actively pursuing business-friendly policies, including tax incentives, streamlined permitting, and targeted support for industries such as retail, healthcare, and education, contributing to a strong and diverse employment base.
With excellent regional connectivity via Interstate 8 (±244,020 vehicles per day) and Highway 67 with approximately (±108,686 vehicles per day), the property is well-positioned to capture both local and regional consumer traffic. El Cajon and San Diego’s low retail vacancy rate at 7.5 percent and 4.5 percent and high spending power make 701 -777 Broadway, El Cajon a rare opportunity to acquire a high-visibility, stabilized retail center one of Southern California’s most promising growth markets.
Broadway Village Center
Investment Highlights
- Prime Visibility & Frontage – ±408 Feet Along Broadway, a Major East-West Commercial Artery, With Exposure to ±23,882 Vehicles Per Day (Vehicles Per Day).
- Strong Demographics & Spending Power – Over 321,681 Residents Within a Five-Mile Radius and an Average Household Income of $118,399, Supporting High Levels of Area Retail Expenditure.
- Excellent Accessibility & Signage – Four Curb Cuts for Smooth Ingress/Egress to Enhance Access From Broadway and Ballantyne Street and a Prominent Highly Visible Monument Sign to Enhance Visibility.
- Hardy Tenant Mix– The Center Features a Hardy Mix of Tenants: Eight Percent Quick Service Restaurants (QSR) and 15 Percent Specialty Retail, 18 Percent Medical, Four Percent Grocer, 18 Percent Services, 32 Percent Fitness and Five Percent Clothing Catering to Both the Local Community Consumer Demand.
- Stabilized Asset - 100 Percent Leased With a Strong History of Long-Term Occupancy; Offered Below Replacement Cost. With Two Legal Parcels Offering Future Flexibility, Including the Potential to Sell Off the Outparcel to Reduce Investment Basis.
- Expanding Residential Growth – El Cajon Is Experiencing Steady Residential Development, With New Housing Communities Attracting Families and Professionals Seeking Affordability and Proximity to San Diego's Urban Core, Adding to the Demand for Neighborhood Serving Retail.
- Strategic Employment & Economic Hub – El Cajon Is Home to Major Employers Including GKN Aerospace, Taylor Guitars, and Grossmont College, With Growing Sectors in Healthcare, Education, and Manufacturing. Neighboring San Diego Offers Additional Employment Opportunities in Biotech, Defense, and Tourism.
- High-Traffic Retail Corridor – Strategically Positioned With Direct Access to Interstate 8 (±244,020 Vehicles Per Day) and Highway 67 (±108,686 Vehicles Per Day), the Property Enjoys Exceptional Regional Connectivity and Exposure to Substantial Commuter Traffic. It Also Benefits From a Combined (±38,862 Vehicles Per Day) Along Broadway and North Mollison Avenue, Enhancing Visibility and Drive-By Exposure.
Listing Price: $9,237,759
Investment Highlights
- Prime Visibility & Frontage – ±408 Feet Along Broadway, a Major East-West Commercial Artery, With Exposure to ±23,882 Vehicles Per Day (Vehicles Per Day).
- Strong Demographics & Spending Power – Over 321,681 Residents Within a Five-Mile Radius and an Average Household Income of $118,399, Supporting High Levels of Area Retail Expenditure.
- Excellent Accessibility & Signage – Four Curb Cuts for Smooth Ingress/Egress to Enhance Access From Broadway and Ballantyne Street and a Prominent Highly Visible Monument Sign to Enhance Visibility.
- Hardy Tenant Mix– The Center Features a Hardy Mix of Tenants: Eight Percent Quick Service Restaurants (QSR) and 15 Percent Specialty Retail, 18 Percent Medical, Four Percent Grocer, 18 Percent Services, 32 Percent Fitness and Five Percent Clothing Catering to Both the Local Community Consumer Demand.
- Stabilized Asset - 100 Percent Leased With a Strong History of Long-Term Occupancy; Offered Below Replacement Cost. With Two Legal Parcels Offering Future Flexibility, Including the Potential to Sell Off the Outparcel to Reduce Investment Basis.
- Expanding Residential Growth – El Cajon Is Experiencing Steady Residential Development, With New Housing Communities Attracting Families and Professionals Seeking Affordability and Proximity to San Diego's Urban Core, Adding to the Demand for Neighborhood Serving Retail.
- Strategic Employment & Economic Hub – El Cajon Is Home to Major Employers Including GKN Aerospace, Taylor Guitars, and Grossmont College, With Growing Sectors in Healthcare, Education, and Manufacturing. Neighboring San Diego Offers Additional Employment Opportunities in Biotech, Defense, and Tourism.
- High-Traffic Retail Corridor – Strategically Positioned With Direct Access to Interstate 8 (±244,020 Vehicles Per Day) and Highway 67 (±108,686 Vehicles Per Day), the Property Enjoys Exceptional Regional Connectivity and Exposure to Substantial Commuter Traffic. It Also Benefits From a Combined (±38,862 Vehicles Per Day) Along Broadway and North Mollison Avenue, Enhancing Visibility and Drive-By Exposure.
Investment Overview
Marcus & Millichap is pleased to offer Broadway Village Center at 701 -777 Broadway, El Cajon —a 25,460 square foot stabilized 100 percent leased neighborhood shopping center located in the high-growth city of El Cajon California located in one of San Diego County’s most active and desirable retail corridors, known for high consumer traffic and strong tenant demand. This stabilized asset offers diversified income, alongside a strong mix of daily-needs retailers. Ideally positioned along Broadway, the primary east-west commercial corridor, the property features approximately 408 feet of frontage with exposure to a combined (±38,862 vehicles per day) along Broadway and North Mollison Avenue. This high-visibility location ensures strong consumer exposure and draws consistent traffic from both commuters and local residents. The property includes 25,460 square feet of GLA on ±2.19 acres and is priced below replacement cost. Two legal parcels offer future flexibility, including the potential to sell off the outparcel to reduce investment basis. The tenant mix includes hardy mix of tenants: eight percent Quick Service Restaurants (QSR) and 15 percent Specialty Retail, 18 percent Medical, four percent Grocer, 18 percent Services, 32 percent Fitness and five percent clothing catering to both the local community consumer demand. The surrounding trade area includes over 321,681 residents within a five-mile radius, supported by an average household income of $118,399. El Cajon is experiencing steady population growth, with a projected 6.2 percent increase over the next five years, driven by new housing developments and infrastructure investment. The city of El Cajon is actively pursuing business-friendly policies, including tax incentives, streamlined permitting, and targeted support for industries such as retail, healthcare, and education, contributing to a strong and diverse employment base. With excellent regional connectivity via Interstate 8 (±244,020 vehicles per day) and Highway 67 with approximately (±108,686 vehicles per day), the property is well-positioned to capture both local and regional consumer traffic. El Cajon and San Diego’s low retail vacancy rate at 7.5 percent and 4.5 percent and high spending power make 701 -777 Broadway, El Cajon a rare opportunity to acquire a high-visibility, stabilized retail center one of Southern California’s most promising growth markets.
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