Updated Jun 5, 2026
Tabani Group Acquires Retail Property In El Cajon For $31.5M From Golden East Investors
149 Fletcher Parkway
$31,500,000
$257/SF
Building Size
122,484 SF
Asset Type
Retail
Closing
Jun 3, 2026
About this deal
AI
The retail property located at 149 Fletcher Parkway in El Cajon involves a significant transaction. The sale price amounted to $31,500,000 for a total square footage of 122,484. The price per square foot stands at $257.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $31,500,000
- Address: 149 Fletcher Parkway
- Market: El Cajon
- Square Footage: 122,484
- Price Per Square Foot: $257
- Buyer: Tabani Group
- Seller: Golden East Investors
- Broker Representatives: Daniel Tyner, Gleb Lvovich & Geoff Tranchina - JLL
The transaction involved key representatives from JLL, including Daniel Tyner, Gleb Lvovich, and Geoff Tranchina, who played a significant role in facilitating this deal between Tabani Group and Golden East Investors.
On the Map
$31,500,000
$257/SF
Retail
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Players
El Cajon Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.50%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93