7227 Broadway - Office FOR SALE


Lemon Grove, CA 91945
$3,000,000 USD
619-517-8609
7227 Broadway, Lemon Grove, CA for Sale
$3,000,000 USD
Office - FOR SALE
1/53
null | 5.6% Cap Rate

7227 Broadway
Lemon Grove, CA 91945


OVERVIEW

7227 Broadway is a well-positioned, four-story multi-tenant office building located along the primary commercial corridor of Lemon Grove, California — a submarket of San Diego. Known as the Grove Executive Building, the property enjoys exceptional visibility to more than 20,000 vehicles per day on Broadway Avenue, with easy access to I-94 and SR-125 freeways. The building features a diverse tenant mix including healthcare, insurance, professional services, and telecom, with several tenants in occupancy for over a decade. AT&T holds a rooftop easement lease providing additional revenue. 42 on-site parking spaces and ground-floor retail storefronts add further value.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$183 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grove Executive Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

GC, Lemon Grove

APN/PARCEL ID

479-081-02-00

ASK ABOUT THIS PROPERTY

Leon AlchalelCompassMore Info
619-517-8609

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Leon AlchalelCompassMore Info
619-517-8609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.