Real Estate
Small Shopping Center In ‘Gentrifying, Growing' College Area Sells For $4.2M
The property, a fully occupied, 19,120-square-foot center near San Diego's border with La Mesa, is located at 7149-7151 El Cajon Blvd.
July 21, 2022
A strip mall in the College Area has been sold for almost $4.22 million, according to a commercial broker.
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The property, a fully occupied, 19,120-square-foot center near San Diego’s border with La Mesa, is located at 7149-7151 El Cajon Blvd.
Commercial Asset Advisors principals Mike Conger and Brian Jenkins represented the buyer, SCOS, L.P. Robert Wyse of Wyse Properties represented the seller, College Plaza, LLC.
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“Our buyer was pleased to acquire an asset in a gentrifying and growing area, with stable cash flow,” Conger said.
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that serves individual private clients, as well as family offices and corporate, institutional, nonprofit and national organizations.
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