Pacific Coast Commercial, representing the seller, and Commercial Asset Advisors, representing the buyer, are delighted to announce the successful sale of a prime Industrial/Commercial Condo located at 1469-1475 N Cuyamaca Street, El Cajon, CA 92020.
The sale, which closed on September 5th, 2023, marks a significant milestone in the El Cajon real estate market. The property, boasting approximately 5,088 square feet, was sold for an impressive $1,800,000. The seller, P&B Investments, and the buyer, Global Heating & Air, Inc., entrusted the transaction to the capable hands of the respective agent teams, led by Ken Robak and Nick Mane for Pacific Coast Commercial and Gino Kalasho & Mike Conger for Commercial Asset Advisors.
"This transaction exemplifies a true win-win for all parties involved. Our client achieves top value for their property, and the new owner secures a prime location in this thriving business hub," stated Ken Robak, representing the seller.
"We believe in maximizing value for our clients through strategic negotiation and a deep understanding of market dynamics," continued Robak. "This record-breaking sale sets a new standard for property transactions in El Cajon, and we are proud to have played a pivotal role in this milestone."
The sale was executed smoothly, thanks to the expertise and dedication of the escrow and title companies, Ticor, with Carolyn Church and Tonya Courtney overseeing the process. Financing for the transaction was secured through SBA by Chase Bank and California State Wide CDC.
The Cuyamaca Commerce Center Industrial/Commercial Condo offers an excellent opportunity for Global Heating & Air, Inc. to establish a strong presence in El Cajon's bustling business landscape. With its strategic location and top-notch facilities, the property is well-suited to support the growth and success of the new owner's operations.
For more information about Pacific Coast Commercial and their services, please visit www.pacificcoastcommercial.com.
About Pacific Coast Commercial:
Pacific Coast Commercial is a leading commercial real estate firm specializing in sales, leasing, and property management in the San Diego region. With a proven track record of successful transactions, Pacific Coast Commercial is committed to delivering exceptional results for its clients.
For More Information:
Agent(s) Name: Ken Robak, Nick Mane
Phone: (619) 469-3600
Email address: Ken@PacificCoastCommercial.com