Listed by Newmark - San Diego
Unpriced
7578 El Cajon Blvd
Details
APN 470-091-04
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 22,500
Net Rentable (SqFt) 22,500
Occupancy 71%
Tenancy Vacant
Lease Type Gross
Class A
Year Built 1990
Buildings 1
Stories 3
Acreage 0.840
Zoning C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay)
Parking Spaces 61 spaces
Parking per 1,000 SqFt 2.71
Investment Type Owner/User
Office | 22,500 SqFt
Marketing description
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire 7578 El Cajon Blvd (the "Property"), a landmark three-story office building situated on a highly visible corner lot in the heart of La Mesa, California. Totaling approximately ±22,500 square feet on ±0.84 acres, the Property represents one of the most distinctive office assets in the East County submarket, originally purpose-built as the corporate headquarters for a national financial services firm and constructed with a level of craftsmanship rarely found in today's marketplace.
This offering presents multiple compelling and flexible acquisition paths tailored to a broad range of qualified purchasers.
Investment highlights
- Strategic Corner Location with Exceptional Visibility - Situated at the signalized corner of El Cajon Blvd and Comanche Drive in La Mesa, the Property commands prominent street presence along one of East County's primary commercial corridors. Direct access to I-8, SR-125, and SR-94, combined with nearby San Diego Trolley stops on both the Orange and Green Lines, provides outstanding regional connectivity for employees, clients, and patients alike.
- Institutional-Quality Construction with Landmark Finishes - Originally purpose-built as the corporate headquarters for a prominent national financial services firm, this building was designed and executed with an uncommon level of permanence and precision. Jerusalem marble is featured throughout the interior and exterior in both raw and polished form, and the building's three-story architecture, secure perimeter, and professional landscaping deliver a presence that is simply not replicated in standard office product. This is a genuine pride-of-ownership asset.
- Rare Owner-User Pricing: Multiple Acquisition Structures Available - The Property is being offered on an unpriced basis to accommodate the full range of qualified buyers and use scenarios. Whether a buyer intends to fully occupy, partially occupy alongside a long-term Helix leaseback, or pursue the asset for a specialized medical or professional services use, the offering is structured to deliver owner-user pricing across all paths, a meaningful value advantage relative to investment-grade alternatives.
- Long-Term Leaseback Provides Built-In Income and Flexibility - Helix Environmental Planning has expressed willingness to lease back approximately 70% of the building (±15,750 SF) at ±$2.50/SF/month gross* on a 7- or 10-year term, one of the more compelling leaseback structures available in this size range. For an owner-user or medical operator, this means acquiring a stabilized income stream on the majority of the building from day one, with the flexibility to phase into greater occupancy over time as needs evolve.
- SBA Financing Eligible — Own for Less Than You'd Lease - Qualified owner-users may access SBA 504 financing with as little as 10% down, making monthly ownership costs highly competitive with, and in many scenarios below, comparable lease alternatives in the submarket. The combination of favorable financing terms, long-term Helix income, and the potential for meaningful appreciation over a 7-to-10-year hold creates a compelling own-vs.-lease outcome for virtually any qualified user.
- Ideal Profile for Medical Office or Healthcare User - With private-office-intensive floor plates, elevator access, ±61 parking spaces (including 30 covered), and a location just 2.3 miles from Grossmont Hospital and within the broader East County medical employment corridor, the Property is exceptionally well-suited for a healthcare provider, medical office group, or specialty clinical user. The building's layout, finishes, and security infrastructure translate directly to medical and professional services requirements with minimal repositioning needed.
- Proximity to Major East County Demand Drivers - The Property sits within close proximity to Grossmont Hospital, San Diego State University (2.9 miles), Grossmont Center, La Mesa Village, and a dense concentration of professional, medical, and government employment, supporting strong occupancy fundamentals and long-term value retention in one of San Diego County's most established suburban office submarkets.
Listing Contacts
Listed by Newmark - San Diego
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