Greenfield Offices

1226 Greenfield Drive El Cajon, CA 92021

1226 Greenfield Drive, El Cajon, CA, 92021
Aerial View of property
1226 Greenfield Drive, El Cajon, CA, 92021
FOR SALE Incentives
Property Type:
Multi Tenant Office
Amount:
$1,400,000
Last Verified:
Jan 11, 2018

Highlights

  • Net Operating Income $112,000
  • SD County Zoning: C36: Office, Commercial
  • Cap Rate 8%

Description

Two free standing buildings on one lot, ample parking available. Unincorporated El Cajon, with County zoning for commercial office. Located within minutes of dining, shopping and downtown El Cajon.

Two free standing office buildings on one large parcel fronting Greenfield Drive in the unincorporated county located in El Cajon.

Building Size: 5254.0sq ft
Building Class: B
Lot Size: 0.0 acres

Map of 1226 Greenfield Drive, El Cajon, CA, 92021

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.