Strategic Real Estate Group, Inc. is pleased to present a prime opportunity to lease all or a portion of this highly visible freestanding retail building located on El Cajon Blvd (685-691 El Cajon Blvd). This area has the has the potential to become a commercial “village” with a “Main Street” feeling and a highly walkable environment.
This property is also listed for sale. The right tenant could become an owner user with great incentives from the SBA.
SBA will pay the principal, interest, and fees for six months*
Up to 90% Financing
SBA will pay the principal, interest, and fees for six months on its 504 and 7(a) program loans issued by Sept. 26, 2020
Under the 504 program, SBA provides up to 40% and banks generally provide 50% of approved costs to buy and renovate
real estate that is at least 51% occupied by the borrower’s business.
*Sources: Small Business Finance