13881 CAMPO RD Jamul CA 91935-3208

Look no further, great investment opportunity right in the path of development, approximately 1.5 miles west of the Jamul Casino in the growing community of Jamul. The Jamul Shopping Village is located at a lighted intersection on the corner of Campo rd./Hwy 94 and Procter valley rd. Across the street from the only gas station in the area. Jamul Village Shopping Center is a community gathering place with a total of 10 businesses operating out of the center. True Value Hardware store and napa Auto parts are your two long term anchor tenants, but there are several other long term businesses operating within the complex. They are H&R block tax services Subway sandwich shop, Jamul General store, Fitness center, couple more restaurants and misc. businesses. rent rolls and up to date financials are available upon request. look at the photo’s that are posted and schedule an appointment to take a deeper look at this great property.

Stabilized Shopping Center Investment.

The subject property is 96% leased to 9 tenants, some of which have been occupied the center for 20+ years. Being well located at one of the areas main intersections, the shopping center has historically maintained strong occupancy over the years.

NNN Leases with Staggered Lease Terms.

Lease expirations are staggered over the next 6 years, and all but one of the tenants are on NNN leases allowing for the pass-through of operating expenses. Jamul Liquor is on a gross lease but self-maintains various aspects of its building and premises.

Dynamic Tenant Mix.

The center has a healthy mix of retail, restaurant, and service-oriented uses. In addition to some local tenants with a strong following, the center boasts occupancy from national retailers including: True Value Hardware, Napa Auto Parts, Subway, and H&R Block. Additionally, Tractor Supply is under construction with a new store directly across the street.

Potential Future Upside.

There is upside in rent in leasing out one remaining vacancy and increasing below market rents over time. Additionally, there is also approximately 10,000 SF of open parking field area between the two buildings that could potentially be developed for a quick-serve restaurant. (Buyer to verify.)

Rare San Diego Semi-Rural Location.

The subject property is located in Jamul, which is a semi-rural, census-designated place in the County of San Diego. The area is situated in the southeastern region of the County and is just 4 miles from the suburban community of El Cajon / Rancho San Diego.

High-Income, Affluent Community.

Jamul is known for its large homes with great views and sprawling lots that are nestled across hills and valleys. The area boasts an Average Household Income of $148,911 in a 3-mile radius with a Median Home Value of $761,811.

Strong Location Along Highway 94.

The property benefits from extensive frontage of 550+ feet along State Highway 94 (Campo Road), which is the main road through Jamul and connects El Cajon with the border town of Tecate.

Additional Community Draws.

Just a mile from the subject property is the Jamul Casino, the newest casino in San Diego County and only 20 minutes from downtown San Diego. Jamul is also home to Steele Canyon High School (2,154 students) and Steele Canyon Golf Club, a 27-hole championship golf course designed by Gary Player.

• 96% Leased Retail Center Anchored by True Value Hardware & Napa Auto Parts
  
• Limited Retail Properties in the Area with High Barriers to Entry
• Captive, Semi-Rural Community of ±24,000 in East San Diego County