EL CAJON, CA (January 18, 2021) — A well-maintained office building perfect for an owner/user located at 312 Highland Avenue in El Cajon, CA sold for $710,000, Commercial Asset Advisors announced.
The seller, David Family Trust, was represented by Brian Jenkins of Commercial Asset Advisors. The buyer, Shambilla Properties, LLC was represented by Gino Kalasho of Commercial Asset Advisors.
This approximately 4,000 square foot, two- story, multi-tenant office building is located in walking distance of downtown El Cajon, and presented one of the best values in the area according to CAA Principal, Brian Jenkins.
“This is a great example of how the owner-user market has showed continued strength, even during the COVID-19 pandemic,” Jenkins said. “ SBA loan incentives have bolstered the buying power of owner-users, making now a great time to invest.”
About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,400 sale and lease transactions totaling over $500 million in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.