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Shopping Neighborhood

1950 S 4th St

1950 S 4th St, El Centro, CA 92243

Listing Price: $6,200,000

Cap Rate
6.42%
Gross SF
19,772
Rentable SF
19,772
Price/Gross SF
$313.57
Lot Size
2.19 acres
Year Built
1990

Investment Overview

We are pleased to offer the opportunity to acquire a strip center located at 1950 South 4th Street in El Centro, California. Mission Center is a 19,772 square foot strip center situated on a 2.19± acre parcel. The building was built in 1990 and is very well maintained. The owner has made several capital improvements in recent years including roof repairs, replaced the entire parking lot with concrete, replaced the majority of the HVAC units, and repainted the exterior.

Investment Highlights

  • Well-Maintained Building – Owner Made Several Major Improvements During Ownership Period
  • Historically High Occupancy – Maintained 90% Occupancy since it was Constructed in 1990
  • Below Market Rents

Exclusively Listed By

Shopping Neighborhood

1950 S 4th St

Listing Price: $6,200,000

Cap Rate
6.42%
Gross SF
19,772
Rentable SF
19,772
Price/Gross SF
$313.57
Lot Size
2.19 acres
Year Built
1990

Investment Highlights

  • Well-Maintained Building – Owner Made Several Major Improvements During Ownership Period
  • Historically High Occupancy – Maintained 90% Occupancy since it was Constructed in 1990
  • Below Market Rents

Investment Overview

We are pleased to offer the opportunity to acquire a strip center located at 1950 South 4th Street in El Centro, California. Mission Center is a 19,772 square foot strip center situated on a 2.19± acre parcel. The building was built in 1990 and is very well maintained. The owner has made several capital improvements in recent years including roof repairs, replaced the entire parking lot with concrete, replaced the majority of the HVAC units, and repainted the exterior.

Exclusively Listed By

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