San Diego Business Journal

El Cajon Retail Center Sells for $5.3 Million

By Lou Hirsh Thursday, February 27, 2014
Photo courtesy of CoStar Group

Photo courtesy of CoStar Group

MDA El Cajon One LLC of Rancho Santa Fe has purchased the El Cajon Towne Center retail property for approximately $5.3 million, according to CoStar Group and public data.

The seller of the 40,554-square-foot El Cajon property, at 367-389 N. Magnolia Ave. in El Cajon, was Shadow Mountain Community Church of El Cajon.

The center was built on 3.2 acres in 1990 and was fully leased at the time of sale.