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7227 Broadway

Lemon Grove, CA 91945
  • $3,000,000
  • STATUS: ACTIVE
  • ON SITE: 150 Days
  • ID#: 220026775
UPDATED: 65 min ago
$3,000,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

This building offers more than 15,000 sq feet of rentable office space. It has 2 store fronts and a diversity of tenants. Several tenants have short term leases allowing for future rent growth. The property is low maintenance and has no landscaping to maintain. Vacancy rates remain historically low. The building has a strong visible presence located on Broadway Ave and is visible to more than 20,000 cars daily. The freeway 94 & 125 is within close proximity to this property. This location provides a vast number of commercial businesses including companies like Chevron, Taco Bell, McDonald’s, Walgreens, Rite aid, AutoZone and many others.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134276145
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7227 Broadway Lemon Grove, CA 91945

  • Price: $3,000,000
  • Status: ACTIVE
  • On Site: 150 Days
  • Updated: 65 min ago
  • ID#: 220026775
0
Beds
0
Baths
0
½ Baths
0.51
Acres
1975
Built
Neighborhood:
Lemon Grove (91945)
County:
San Diego
Area:
Lemon Grove (91945)
Property Description
This building offers more than 15,000 sq feet of rentable office space. It has 2 store fronts and a diversity of tenants. Several tenants have short term leases allowing for future rent growth. The property is low maintenance and has no landscaping to maintain. Vacancy rates remain historically low. The building has a strong visible presence located on Broadway Ave and is visible to more than 20,000 cars daily. The freeway 94 & 125 is within close proximity to this property. This location provides a vast number of commercial businesses including companies like Chevron, Taco Bell, McDonald’s, Walgreens, Rite aid, AutoZone and many others.
Exterior Features

Cars Per Day 24000 Construction FrameStucco Location Free Standing Neighboring Business Type1 Gas Sttiuon Neighboring Business Type2 Liquor Store Neighboring Business Type3 Phrmacy Neighboring Business Type4 Fast Food Restaurants Parking On Site Parking Ratio 2.8 Roof Other/Remarks

Interior Features

Cooling Central Forced Air Elec Estimated Square Feet 16378 Floors Wood Heating Central Forced Air Elec Restrooms 6 Stories 4 Story

Property Features

Actual Cap Rate 6.76 Actual Gross Scheduled Income 305774.0 Actual Operating Expense 96115 Assumable Finance 0 Buildings 1 Commercial Property Type Office Sale Complex Park Grove Executive Building Existing Financing Conventional Financial Information Source Owner Mandatory Remarks None Known Market Area East County Motive Want Cash Out Occupancy Percent 96 Overall Percent Vacant 4 Property Type Office Sale Includes BuildingLeasesLand Sales Restrictions N/K Short Sale No Sq Ft Source Tax Record Tenant Pays JanitorTrashWater Terms CashCash To New Loan Zoning Commercial

San Diego MLS logo Listing provided courtesy of Compass: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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