El Centro, CA 92243,603 E Danenberg DR
El Centro, CA 92243,603 E Danenberg DR
El Centro, CA 92243,603 E Danenberg DR
El Centro, CA 92243,603 E Danenberg DR
El Centro, CA 92243,603 E Danenberg DR
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$1,840,000

$1,840,000

Est.Price: ?

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Est. payment /mo

1.27 Acres Lot


SOLD DATE : 05/24/2023

Key Details

Sold Price $1,840,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23090760

Sold Date 05/24/23

HOA Y/N No

Annual Tax Amount $20,240

Tax Year 2023

Lot Size 1.270 Acres

Property Description

National Tenancy – Quick Lane Tire & Auto Center provides expert auto maintenance for any brand of car, truck or SUV at each of its 800 locations nationwide and is a subsidiary of Ford Motor Company.

Brand New STNL Lease with Built in Increases – Quick Lane Tire & Auto recently signed a 15-year NNN lease with two 5-year options to extend. Furthermore, this site has undergone extensive renovations since Quick Lane signed its lease in December 2021.

This site is a featured outparcel to the Imperial Valley Mall, a major point of destination for over 176,000 residents in the El Centro area as well as the 4.6 million visitors that traveled through the Calexico West Point of Entry in 2021. The Imperial Valley Mall boasts national credit tenants like JC Penney, Dillard’s, Macy’s, Cinemark, Bath & Body Works, Famous Dave’s BBQ, Chili’s, Forever 21, Victoria’s Secret, Chuck E Cheese and others.

High Traffic, High Visibility – Quick Lane Tire & Auto Center sits on one of the major retail areas in El Centro off of E Danenberg Dr and S Dogwood Rd (±19,793 CPD) and is easily accessible from the Kumeyaay Hwy/Interstate 8 (±35,500 CPD) less than half a mile north from the property.

Location

State CA

County Imperial

Area Elcn - El Centro

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry None

Exterior

Fence None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 49

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 054530024000

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tony Morrison • Lantern Bay Realty
Bought with Tony Morrison • Lantern Bay Realty
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