LA MESA - San Diego, CA (November 4, 2024) – A freestanding, two-story office building of approximately 9,904 SF, featuring a fully paid-off solar system, was sold. The buyer, an owner-user, plans to occupy a portion of the building for business use. Located on El Cajon Blvd, the property benefits from high street visibility, with approximately 20,500 cars passing by daily. This value-add investment/owner-user opportunity, located at 7317 El Cajon Blvd, La Mesa, CA 91942, sold for $2,188,000 ($221/SF) on October 14, 2024, as announced by Commercial Asset Advisors.
Roc Beas of Commercial Asset Advisors represented both the seller, Trouble Free Group, LLC, and the buyer, Aria Estates LLC. Rob Shaw and Cameron Aldrich of Chicago Title Company assisted with the transaction.
Roc Beas, our dedicated agent, played a crucial role in facilitating this transaction, ensuring a smooth and satisfying experience for both the seller and the buyer. Despite challenging economic conditions, our team’s steadfast commitment and effective communication were key in achieving a mutually beneficial agreement that left both parties highly satisfied.
"Our commitment to excellence and effective communication led to a seamless transaction where both the seller and buyer reached their desired outcomes," stated Roc Beas, Senior Vice President.
This transaction positions the seller for a potential 1031 Exchange to expand their portfolio, and Commercial Asset Advisors is prepared to assist in this endeavor. Not only did this sale benefit the seller, but it also provided the buyer with an investment opportunity that promises additional value in the future.
"Through this successful transaction, our clients not only secured a building suited to their business needs but also gained new potential avenues for their future commercial real estate plans," highlighted Roc Beas, the agent representing both the seller and the buyer.
Commercial Asset Advisors remains committed to providing exceptional real estate solutions, even in challenging market conditions. This transaction exemplifies our dedication to helping clients achieve their goals and expand their real estate portfolios.
CAA has represented multiple buyers and sellers in all product types this year all over San Diego County, demonstrating the firm's ability to maximize values regardless of product type, location, or situation.
For additional information, you may contact:
Roc Beas, Senior Vice President (DRE Lic. # 01985515), at roc@caacre.com
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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 1,500 sale and lease transactions totaling over $1.5 billion in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.
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