1627 Main St, El Centro, CA 92243

Multi-Tenant Retail & Office Property

• The Subject property is currently 90% leased to 12 tenants and is comprised of two parts: retail shops on the east side comprising 55.9% of the GLA, and offices on the west side comprising 44.1% of the GLA.

• Half of the tenants, representing just over 50% of the GLA, have occupied the building for over 10+years.

Potential Future Upside in Low Rents

• With the retail rents averaging $1.43/SF/month, there is potential upside in the future to increase rents to market rates as leases come up.

• There is immediate upside in leasing out the last remaining 2,070 SF office vacancy.

Excellent Synergy with Surrounding Retail & Office Uses

• The Property is part of the Valley Plaza, a 300,000+ SF community center situated on 25+ acres with a synergistic mix of retail and office uses.

• Other tenants in the center include: Grocery Outlet, Rite Aid, Starbucks, 4:13 Fitness (opening Q1-2025), Skechers, Imperial Irrigation District, and many other restaurants, retailers, and office users.

Well Located in the Heart of Imperial County

• The center is very well located in the center of Imperial County and surrounded by local government offices, single-family residential, apartments, and schools.

• The property is also located along Imperial Avenue, the main commercial arterial in the County with a wide variety of retail and restaurant uses.