7393 EL CAJON BLVD. LA MESA, CALIFORNIA 7393 El Cajon Blvd, La Mesa, CA 91942

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2 PROPERTY OVERVIEW KW Commercial is pleased to present 7393 El Cajon Blvd, a single parcel, 12,197 square foot development opportunity located in La Mesa, California. Property is central to La Mesa's commercial district on El Cajon Boulevard, with easy access to Interstate 8. This highly visible retail/mixed use location is adjacent to a planned residential condominium project (45 units, slated to start construction in July 2018). Zoning will allow for residential, commercial or a mix of 10 units above commercial or retail uses; height limit is 46 feet. The City of La Mesa is encouraging development of a pedestrian-friendly, village environment in this zone and will assist developers in achieving this goal. Sale Price: $615,000 Lot Size: 0.28 Acres PROPERTY HIGHLIGHTS $615,000 ($50.42/ft) Great Corner Lot- Corner of El Cajon Blvd and Jesse Street Next to Large Planned Residential Condominium development Located in Mixed-Use Overlay Zone APN #: Zoning: C-D-MU Market: San Diego Sub Market: East County Cross Streets: Jessie Traffic Count: 20,000

3 SITE DESCRIPTION Level site in mixed-use overlay zone, adjacent to approved 45-unit condominium project; construction scheduled for completion Fall Built-in adjacent (future) customer base next door. Mixed-use zone provides additional height opportunities up to six stories for mix of retail/office/residential. See website ( DocumentCenter/Home/View/1159) LOCATION 1.2 miles from I-8 off of the Murray Street exit, located on the South side of El Cajon Blvd. 20,000 + cars per day in front of the property. ZONING C-D-MU

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8 VACANT COMMERCIAL LAND COMPS SUBJECT PROPERTY 7393 El Cajon Blvd La Mesa, CA Sale Price: $615,000 Lot Size: 12,197 SF Price PSF: $50.42 Price / AC: $2,196,393 1 COMMERCIAL LAND 7819 El Cajon Blvd La Mesa, CA Sale Price: Lot Size: Price PSF: Price / AC: Closed: $662,500 12,702 SF $52.16 $2,271,965 05/04/2017 Sold for land value. This property will be a redevelopment project. The existing building will be demolished for a proposed new 7-Eleven location. 2 COMMERCIAL / MIXED USE LAND El Cajon Blvd La Mesa, CA Montezuma Road San Diego, CA Sale Price: Lot Size: Price PSF: Price / AC: Closed: $1,600,000 22,259 SF $71.88 $3,131,137 03/14/2018 Great mixed-use or retail development opportunity in a highly visible, one of the busiest intersections in the eastern area of San Diego. This 16,365 square feet lot is currently zoned as Central Urbanized Planned District (CUPD-CU-2-4) that allows for a mix of commercial and some limited industrial uses with residential uses. RESIDENTIAL LAND Sale Price: Lot Size: Price PSF: Price / AC: Closed: $2,125,000 23,300 SF $91.20 $3,972,746 12/08/2016 The property was acquired "as-is:. The new owner intends to develop a 128 bed student housing facility. Development is expected to begin Spring 2017.

9 VACANT COMMERCIAL LAND COMPS 4 RESIDENTIAL LAND rd Street San Diego, CA Sale Price: Lot Size: Price PSF: Price / AC: Closed: $670,000 19,501 SF $34.36 $1,496,600 11/15/2016 On November 15th 2016 the land at rd Street was sold for $670,000. The land sold along with the approved plans for the construction of an 18 unit apartment site. The building plans and final engineering are approved, the buyer will need to pay impact fees, post bonds, and pull grading and building permits. The

10 VACANT COMMERCIAL LAND COMPS SUMMARY SUBJECT PROPERTY PRICE LOT SIZE PRICE/AC 7393 El Cajon Blvd. La Mesa, California 7393 El Cajon Blvd La Mesa, CA $615, AC $2,196,393 SALE COMPS PRICE LOT SIZE PRICE/AC Commercial Land 7819 El Cajon Blvd La Mesa, CA Commercial / Mixed Use Land 7003 El Cajon Blvd La Mesa, CA Residential Land 6195 Montezuma Road San Diego, CA Residential Land rd Street San Diego, CA $662, ,915,977,961,432,507 AC $2,271,965 $1,600, ,109,963,269,054,179 AC $3,131,137 $2,125, ,348,943,985,307,621 AC $3,972,746 $670, ,476,813,590,449,954 AC $1,496,600 SALE COMPS PRICE LOT SIZE PRICE/AC TOTALS/AVERAGES $1,264, AC $2,809,722

11 VACANT COMMERCIAL LAND COMP LOCATIONS SUBJECT PROPERTY 7393 El Cajon Blvd La Mesa, CA COMMERCIAL LAND COMMERCIAL / MIXED USE LAND RESIDENTIAL LAND 7819 El Cajon Blvd La Mesa, CA El Cajon Blvd La Mesa, CA Montezuma Road San Diego, CA RESIDENTIAL LAND rd Street San Diego, CA 92115

12 1 Mile 2 Miles 3 Miles Total Population 24,049 82, ,154 Population Density 7,655 6,572 6,053 Median Age Median Age (Male) Median Age (Female) Total Households 10,653 33,663 65,572 # of Persons Per HH Average HH Income $63,959 $65,491 $68,660 Average House Value $405,036 $490,467 $486,388