El Cajon Retail Building Sells for $1,200,000 in ALL CASH Transaction

Disclaimer: I am not an attorney and this article is not intended as a substitute for advice from the appropriate legal, zoning, financial, construction and/or tax professionals. This information is provided for educational purposes only and is made without warranties or representations

The single-tenant retail property located at 351 W Main Street in El Cajon, CA has sold for $1,200,000 in an off-market all-cash transaction. The property was occupied by The Grand Bar and Nightclub at the time of sale however the new owners plan to convert the building to a local market/deli concept upon expiration of the current lease term.

The seller was represented by Erik Egelko, senior vice-president with SVN Vanguard.

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