A vacant, two-story office building in La Mesa has been sold for $2,850,000.
The approximately 11,880-square-foot building at 7474 El Cajon Blvd. includes ample parking.
The property was sold by Salazar Family Trust to Yerken Tenizbayev.
Both parties were represented by Roc Beas, senior vice president of Commercial Assets Advisors, and Mike Conger, principal of Commercial Assets Advisors.
Amid rising interest rates, the buyer was able to secure a Small Business Association loan, providing more favorable terms.
“This type of building is hard to come by in La Mesa, and the competition remained high through the short time it was on the market,” Beas said.