Office · San Diego, California
4275 & 4283 El Cajon Boulevard
4275 & 4283 El Cajon Boulevard is financed with a $9.2M CMBS loan at 3.33% that reaches maturity on September 11, 2030, in 3 years and 10 months. As of the Sep 2026 servicer report, the latest filed for this loan, its status is current.
The loan
- Balance in tracked trusts
- $9,243,196
- Original balance (same notes)
- $9,425,000
- Interest rate
- 3.33% fixed
- Originated
- August 25, 2020
- Maturity
- September 11, 2030
- Payments
- Interest only for 60 months, then amortizing
- Prepayment lockout ends
- June 10, 2030
- Master servicer
- Trimont LLC
- Originator
- Wells Fargo Bank, National Association
Status
- Payment status
- Current (code 0)
- Special servicing
- No transfer reported
- Defeasance
- None reported
The property
- Address
- 4275 & 4283 El Cajon Boulevard; 4259, 4273-4275 Van Dyke Avenue; 4246-270 North 43rd Street, San Diego, CA 92105
- Metro
- San Diego-Chula Vista-Carlsbad, CA
- Rentable area
- 78,049 sq ft
- Built
- 1946, renovated 2000
- Largest tenants
- Qdoba Mexican Grill
- Value at securitization
- $15.2M (Jul 2020)
Performance
| At securitization | Latest (Mar 2026) | |
|---|---|---|
| DSCR (NOI) | 2.05x | 2.08x |
| Occupancy | 100% | 100% |
| Net operating income (annualized from 3 months) | $1.0M | $1.0M |
| Debt yield | 11.3% |
Debt yield here is the latest NOI divided by the balance held in the trusts below. If part of the loan sits outside them, the true figure is lower.
Watch flags
Computed from the BANK 2020-BNK28 filing for the reporting period ending September 11, 2026, filed with the SEC September 29, 2026.
None this month. No flag in the cmbs.news screen applies to this loan.
cmbs.news's own rule-based labels on the filed fields (definitions), not a credit rating, a prediction or a view of the borrower.
What the filing shows
- The filing gives May 2030 as the lease end date for the largest tenant (Qdoba Mexican Grill), before the loan matures. Lenders look hard at that rollover.
The last 12 monthly reports
| Report month | Balance | Payment status | Special servicer | DSCR | Occupancy |
|---|---|---|---|---|---|
| September 2026 | $9.2M | Current | No | 2.08x | 100% |
| August 2026 | $9.3M | Current | No | 2.08x | 100% |
| July 2026 | $9.3M | Current | No | 2.08x | 100% |
| June 2026 | $9.3M | Late payment but less than 30 days delinquent | No | 2.79x | 100% |
| May 2026 | $9.3M | Current | No | 2.79x | 100% |
| April 2026 | $9.3M | Current | No | 2.79x | 100% |
| March 2026 | $9.3M | Current | No | 2.79x | 100% |
| February 2026 | $9.4M | Current | No | 2.79x | 100% |
| January 2026 | $9.4M | Current | No | 3.48x | 100% |
| December 2025 | $9.4M | Current | No | 3.48x | 100% |
| November 2025 | $9.4M | Current | No | 3.48x | 100% |
| October 2025 | $9.4M | Current | No | 3.46x | 100% |
From each trust's ABS-EE filing for that month. Coverage and occupancy change only when the servicer reports new statements. If one trust holding a piece of the loan skipped a month, that month's balance reads low.
Where the loan sits
One trust holds this loan in the data.
| Trust | Loan no. | Balance | Report period | Source |
|---|---|---|---|---|
| BANK 2020-BNK28 | 18 | $9,243,196 | Sep 2026 | SEC filing, September 29, 2026 |
Other San Diego-Chula Vista-Carlsbad loans due in 2030
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| El Camino Real | Encinitas, CA | Office | $84.5M | 4.195% | Oct 2030 | n/a | n/a | Current |
| 501 West Broadway | San Diego, CA | Office | $47.0M | 6.329% | Sep 2030 | 2.30x | 77% | Current |
| Muse at Torrey Pines | San Diego, CA | Mixed use | $45.0M | 5.496% | Mar 2030 | 2.91x | 100% | Current |
| Aladdin Airport Parking | San Diego, CA | Other | $40.0M | 6.845% | Apr 2030 | 2.81x | n/a | Current |
| The Lafayette Hotel | San Diego, CA | Hotel | $35.3M | 5.28% | Aug 2030 | n/a | n/a | Current |
| Technology Place | San Diego, CA | Office | $25.9M | 4.00% | Aug 2030 | 2.21x | 100% | Current |
| 225 Broadway | San Diego, CA | Office | $23.3M | 5.964% | Jul 2030 | 4.92x | 79% | Current |
| Courtyard Marriott Solana Beach | Solana Beach, CA | Hotel | $22.6M | 3.60% | Mar 2030 | 2.77x | 79% | Current |
All loans maturing in 2030 · All San Diego-Chula Vista-Carlsbad loans
Source: each trust's ABS-EE asset-data exhibit (Regulation AB Schedule AL) on SEC EDGAR, reporting period ending September 11, 2026. Servicers report these figures; cmbs.news does not audit them. How this page is built.