Cell: 858-863-6211
Main Photo: Property for sale: 7227 Broadway in Lemon Grove
Photo 1: Property for sale: 7227 Broadway in Lemon Grove
Photo 2: Property for sale: 7227 Broadway in Lemon Grove
Photo 3: Property for sale: 7227 Broadway in Lemon Grove
Photo 4: Property for sale: 7227 Broadway in Lemon Grove
Photo 5: Property for sale: 7227 Broadway in Lemon Grove
Photo 6: Property for sale: 7227 Broadway in Lemon Grove
Photo 7: Property for sale: 7227 Broadway in Lemon Grove
Photo 8: Property for sale: 7227 Broadway in Lemon Grove
Photo 9: Property for sale: 7227 Broadway in Lemon Grove
Photo 10: Property for sale: 7227 Broadway in Lemon Grove
Photo 11: Property for sale: 7227 Broadway in Lemon Grove
Photo 12: Property for sale: 7227 Broadway in Lemon Grove
Photo 13: Property for sale: 7227 Broadway in Lemon Grove
Photo 14: Property for sale: 7227 Broadway in Lemon Grove
Photo 15: Property for sale: 7227 Broadway in Lemon Grove
Photo 16: Property for sale: 7227 Broadway in Lemon Grove
Photo 17: Property for sale: 7227 Broadway in Lemon Grove
Photo 18: Property for sale: 7227 Broadway in Lemon Grove
Photo 19: Property for sale: 7227 Broadway in Lemon Grove
Photo 20: Property for sale: 7227 Broadway in Lemon Grove
Photo 21: Property for sale: 7227 Broadway in Lemon Grove
Photo 22: Property for sale: 7227 Broadway in Lemon Grove
Photo 23: Property for sale: 7227 Broadway in Lemon Grove
Photo 24: Property for sale: 7227 Broadway in Lemon Grove
Photo 25: Property for sale: 7227 Broadway in Lemon Grove
Status:
Active
Prop. Type:
Com-Off/Rtl/Ind
MLS® Num:
220026775
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.
Tenant pays:
Janitor, Trash, Water
Price Includes:
Building, Land, Leases
Lease per Sq Ft:
$189.28
Price Per SqFt:
190.0
Total Floor Area:
22,215 sq. ft.
Lot Size:
0.51 acre(s)
Lot Size Commercial:
.5 through .75 Acres
Stories:
4 Story
Num Stories:
4
County:
San Diego
Market Area:
East County
Name of Complex/Subdivision:
Grove Executive Building
Neighboring Business Types:
Phrmacy, Fast Food Restaurants, Gas Sttiuon, Liquor Store
Freeway 94 exit 7 Massachusetts go south and turn left on Broadway, property on the right.
Short Sale:
No
Listing Type:
Exclusive Right (R)
Zoning:
COMMERCIAL
Number of Buildings:
1
Number of Units:
22
Terms:
Cash, Cash to New Loan
Construction Material:
Frame, Stucco
Cooling:
Central Forced Air Elec
Heating:
Central Forced Air Elec
Roof:
Other/Remarks
Floor finish:
Wood
Sales Restrictions:
N/K
Parcel Number:
479-081-02-00
Cap Rate.:
6.76
Gross scheduled income:
305774.0
Operating expense:
96115
Existing Financing:
Conventional
Financial Information Source:
Owner
  • Photo 1: Property for sale: 7227 Broadway in Lemon Grove
    Photo 1 of 25
  • Photo 2: Property for sale: 7227 Broadway in Lemon Grove
    Photo 2 of 25
  • Photo 3: Property for sale: 7227 Broadway in Lemon Grove
    Photo 3 of 25
  • Photo 4: Property for sale: 7227 Broadway in Lemon Grove
    Photo 4 of 25
  • Photo 5: Property for sale: 7227 Broadway in Lemon Grove
    Photo 5 of 25
  • Photo 6: Property for sale: 7227 Broadway in Lemon Grove
    Photo 6 of 25
  • Photo 7: Property for sale: 7227 Broadway in Lemon Grove
    Photo 7 of 25
  • Photo 8: Property for sale: 7227 Broadway in Lemon Grove
    Photo 8 of 25
  • Photo 9: Property for sale: 7227 Broadway in Lemon Grove
    Photo 9 of 25
  • Photo 10: Property for sale: 7227 Broadway in Lemon Grove
    Photo 10 of 25
  • Photo 11: Property for sale: 7227 Broadway in Lemon Grove
    Photo 11 of 25
  • Photo 12: Property for sale: 7227 Broadway in Lemon Grove
    Photo 12 of 25
  • Photo 13: Property for sale: 7227 Broadway in Lemon Grove
    Photo 13 of 25
  • Photo 14: Property for sale: 7227 Broadway in Lemon Grove
    Photo 14 of 25
  • Photo 15: Property for sale: 7227 Broadway in Lemon Grove
    Photo 15 of 25
  • Photo 16: Property for sale: 7227 Broadway in Lemon Grove
    Photo 16 of 25
  • Photo 17: Property for sale: 7227 Broadway in Lemon Grove
    Photo 17 of 25
  • Photo 18: Property for sale: 7227 Broadway in Lemon Grove
    Photo 18 of 25
  • Photo 19: Property for sale: 7227 Broadway in Lemon Grove
    Photo 19 of 25
  • Photo 20: Property for sale: 7227 Broadway in Lemon Grove
    Photo 20 of 25
  • Photo 21: Property for sale: 7227 Broadway in Lemon Grove
    Photo 21 of 25
  • Photo 22: Property for sale: 7227 Broadway in Lemon Grove
    Photo 22 of 25
  • Photo 23: Property for sale: 7227 Broadway in Lemon Grove
    Photo 23 of 25
  • Photo 24: Property for sale: 7227 Broadway in Lemon Grove
    Photo 24 of 25
  • Photo 25: Property for sale: 7227 Broadway in Lemon Grove
    Photo 25 of 25
Listed by Leon Alchalel of Compass
Data was last updated December 10, 2022 at 07:10 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$875,000
Min list price:
$2,299
Max list price:
$3,600,000
Avg days on market:
109
Min days on market:
5
Max days on market:
768
Avg price per sq.ft.:
$107.01
These statistics are generated based on the current listing's property type and located in East County. Average values are derived using median calculations.
Fiona Theseira
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 Multiple Listing Service, Inc. 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 © 2022 San Diego Multiple Listing Service, Inc.