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KB Home Coastal Acquires Retail Property In El Cajon From City Ventures Homebuilding LLC For $21.2M

Property Image
SOLD
$21,200,000

California

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Retail35,200 SF
Sold 07/11/2023
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Property Image
SOLD

KB Home Coastal Acquires Retail Property In El Cajon From City Ventures Homebuilding LLC For $21.2M

300 El Cajon Blvd El Cajon, CA 92020, USA

See Similar Deals
Retail35,200 SF
Sold 07/11/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$602
Total Square Footage:35,200 SF
Transaction Type:Sale

KB Home Coastal, represented by Jeffrey Mezger, has acquired a retail property in El Cajon, California, for $21.2 million from City Ventures Homebuilding LLC. The property, located at 300 El Cajon Boulevard, spans 35,200 square feet and is situated in the El Cajon market.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $21,200,000
  • Square Footage: 35,200
  • Address: 300 El Cajon Boulevard
  • Market: El Cajon

The buyer, KB Home Coastal, was represented by Jeffrey Mezger in this transaction. The seller, City Ventures Homebuilding LLC, sold the property to KB Home Coastal. The deal was facilitated by Kidder Mathews.

It is worth noting that the retail property is strategically located just 15 miles east of San Diego.

Players

JM
Jeffrey Mezger
3 deals$95.9M volume
BUYER

Details

SOLD
IMAGE: Jeffrey Mezger DATE: 07/11/2023 ADDRESS: 300 El Cajon Boulevard MARKET: El Cajon ASSET TYPE: Retail ~ ACRES: 7.38 BUYER: KB Home Coastal - Jeffrey Mezger (@JeffreytMezger) SELLER: City Ventures Homebuilding LLC BROKER: Kidder Mathews (@Kidder.Mathews) SALE PRICE: $21,200,000 SF: 35,200 ~ PPSF: $602 NOTE: KB Home Coastal has purchased a retail property in El Cajon, California, for $21.2 million from City Ventures Homebuilding LLC. The property spans 35,200 square feet and is located 15 miles east of San Diego.

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