Calexico - For Sale

FOR SALE
Redevelopment or Owner/User Opportunity
222 E Cole Road, Calexico, CA
Price:
$1,800,000
Building Size:
± 10,812 SF
Lot Size:
± 2 AC
 Former Buffet Restaurant building—Fully Fixturized
 Situated on Large 2 Acre Lot for Additional Development
 Exceptional Traffic Generated by Walmart Supercenter
For more information about this property, please contact:
ROB BLOOM
619-269-6076
[email protected]
CA License # 01302163
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3830 Ray Street, San Diego, CA 92104 | Phone (619) 491-0335 | Fax (619) 491-0696 | www.DuhsCommercial.com
PROPERTY DESCRIPTION
222 E Cole Road, Calexico, CA
Price:
Building Size:
Price / SF:
Lot Size:
No. of Parcels:

$1,800,000
± 10,812 SF
$166.48
± 2.0 AC
2
Development opportunity. Situated on two parcels totaling 2 acres, the property presents an excellent redevelopment opportunity to lease
out the existing building to either one user or subdividing the building multiple tenants. Plus the additional land can also be further developed
or ground leased to another user. The restaurant parcel is adequately parked on its own, thus freeing up the other ±1 AC parcel to be
developed and/or sold off separately.
 Owner/User Opportunity. The current building improvements also present an exceptional opportunity for a sit-down/buffet style restaurant
operator, event hall, or other retailer. The building is fully-fixturized with substantial restaurant improvements and is turn-key ready for a
buffet restaurant operator. (FF&E negotiable.)
 Walmart Supercenter Draw. The property benefits from exceptional traffic generated by a ±200,000 SF Walmart Supercenter located just
across the street. This Walmart store has consistently been one of the chain’s top stores nationwide.
 Well Maintained Property / Below Replacement Value. Built in the early 1990’s, the building is being sold by the original developer and
has always been very well maintained. There is virtually no deferred maintenance and most of the HVAC units are less than 5 years old. And
priced at $166 PSF the property is priced below replacement value, but also includes the entire 2 acres of land.
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3830 Ray Street, San Diego, CA 92104 | Phone (619) 491-0335 | Fax (619) 491-0696 | www.DuhsCommercial.com
LOCATION DESCRIPTION
222 E Cole Road, Calexico, CA

High-Traffic Retail Corridor. The intersection of Highway 111 and Cole Road is a dynamic, busy shopping destination with excellent synergy from other retai lers including:
Toys ‘R’ Us, Dollar Tree, Aldi, Fallas, Dress Barn, Payless Shoes, Panda Express, Jack-in-the-Box, KFC, and more.

Main Arterial Location. The property is located just off of State Highway 111 with over 35,000 cars per day. Cole Road is also one of two major east -west arterials in the
city.

Dynamic Border Trade Area. The City of Calexico benefits from its location just across the border from the City of Mexicali, Mexico -- the capital of the State of Baja
California with a population of over 1,100,000. The two vehicle/pedestrian ports of entry in Calexico combine for the 3rd busiest border crossing in the USA. And the City of
Mexicali has one of the highest per capita incomes in the country along with some of the lowest unemployment and crime rates.
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3830 Ray Street, San Diego, CA 92104 | Phone (619) 491-0335 | Fax (619) 491-0696 | www.DuhsCommercial.com
AERIAL
222 E Cole Road, Calexico, CA
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3830 Ray Street, San Diego, CA 92104 | Phone (619) 491-0335 | Fax (619) 491-0696 | www.DuhsCommercial.com
AREA INFORMATION
222 E Cole Road, Calexico, CA
Imperial County
The Imperial County has a population approx. 179,478 and has always been one of the most productive agricultural regions in the world.
 Gross production value in excess of $2.1 Billion in 2013 for agriculture.
 Over the last few decades, Imperial County has seen an influx of commercial activity and development with a solid presence and growth of other
sectors, including:
 Public Sector & Federal Government
 Renewable Energy-- Geothermal/Solar/Wind
 International Trade & Logistics
 Manufacturing
Mexicali
The region benefits from its close proximity to the city of Mexicali,
Mexico-- the capital of the State of Baja California.
 Population of over 1,100,000 in the Mexicali region.
 The City of Mexicali has one of the highest per capita incomes in the
country along with some of the lowest unemployment and crime
rates.
 The two vehicle/pedestrian ports of entry in Calexico combine for the
3rd busiest border crossing in the USA.
 There are over 200 maquiladoras that operate in Mexicali, including
companies such as: Honeywell, Gulfstream, Cardinal Health, BF
Goodrich’s aerospace division, Mitsubishi, Daewoo, Kenworth, Black
& Decker and Sony, among others.
 In total, the three ports of entry in Imperial County facilitated
bi-national trade valued at over $7.7 Billion in 2013. Calexico
provides the only rail connection from California into Central Mexico
and has direct freight rail routes to Los Angeles in the west and El
Paso in the east.
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3830 Ray Street, San Diego, CA 92104 | Phone (619) 491-0335 | Fax (619) 491-0696 | www.DuhsCommercial.com