This offering features a fully leased retail strip center along Lemon Grove’s primary commercial corridor, providing a rare investment opportunity in Southern California. The property comprises ±4,840 square feet of inline retail space with a strong tenant mix, including established local businesses such as a smoke shop, phone repair, bar, audio shop, and barber. Long-term stability is evident, with tenants recently exercising renewal options and average tenancy dating back over a decade.
Positioned on Broadway, a highly trafficked arterial with approximately 24,413 vehicles per day, the asset benefits from maximum visibility and easy ingress/egress. It is conveniently located just 0.3 miles from the SR-94 freeway, ensuring connectivity to downtown San Diego and key surrounding neighborhoods. Zoned G-C, the site supports a variety of retail and medical uses, enhancing its future adaptability. With consistent cash flow, a 7.3% cap rate, and limited vacancies since 2007, this property is a dependable addition to any portfolio.