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1043-1055 & 1073-1099 E Mai...

Updated Sep 23, 2026

Mike Dallo Of Dallo Enterprises Acquires Retail Property In El Cajon For $17.5M
SOLDRetail

Mike Dallo Of Dallo Enterprises Acquires Retail Property In El Cajon For $17.5M

1043-1055 & 1073-1099 E Main Street, El Cajon, Ca 92021

$17,500,000

$232/SF

Building Size

75,225 SF

Asset Type

Retail

Closing

Aug 21, 2026

About this deal

AI

The property asset involved in this transaction is a retail space located at 1043-1055 & 1073-1099 East Main Street in El Cajon, CA. The sale price of the asset was $17,500,000, encompassing a total square footage of 75,225. The price per square foot stands at $232.

Summary of transaction details:

The transaction was facilitated by key individuals in the commercial real estate sector, with Anthony Acosta and Rob Bloom representing the buyer, Dallo Enterprises. The seller, DPI Retail, was represented by Patrick Toomey from Institutional Property Advisors, showcasing a structured agreement between the involved parties.

Players

Patrick Toomey

Institutional Property Advisors

Broker

$127.3M

vol

7 deals

Broker

Mike Dallo

Dallo Enterprises

Buyer

$17.5M

vol

1 deal

Buyer
DR
DPI RetailSeller
Bilt advertisement

El Cajon Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $232 per square foot on a published $17.5M for 75,225 square feet (2026).

Visit Patrick Toomey to view all their deals.

Browse California retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.91%

Cash-on-Cash

-0.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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