7946 BroadwayLemon Grove, CA 91945

Property Details for 7946 Broadway

Year built

2023

Lot size

0.92 AC

Property size (Sq ft)

68,538 SF

Zone code

COMMERCIAL

Property type

Residential income properties

Property subtype

Other apartment buildings

APN

480-111-34-00

APU

4801113400

Description

This exceptional retail opportunity presents three available spaces within a newly constructed mixed-use development located at 7946 Broadway in Lemon Grove, California, zip code 91945. The property boasts a total of 4,043 square feet of retail space, currently entirely vacant and ready for immediate occupancy. Each available space offers flexibility, with a minimum divisible size of 1,156 square feet and a maximum contiguous space of 1,566 square feet. This allows for businesses of various sizes to find a suitable fit within this vibrant development. The property is situated in San Diego County, offering excellent access to a diverse customer base and strong local demographics. The address is conveniently located at 7946 Broadway, Lemon Grove, CA 91945, providing easy visibility and accessibility for customers. This is a prime opportunity for businesses seeking a modern, well-located retail space in a thriving community. The building's new construction ensures modern amenities and efficient layouts, creating an ideal environment for a variety of retail ventures. With its strategic location and flexible space options, this property presents a compelling investment opportunity for discerning businesses seeking to establish or expand their presence in the San Diego County market. Contact us today to learn more about this exciting opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $17,814,670

  6.5%

  $16,444,311

  7%

  $15,269,717

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,193,296

  Geo Method

  $37,391,144

• Alternative Use

  Use

  Valuation

  Residential

  $16,444,311

  Hospitality

  $15,062,901

  Educational

  $12,532,156

  Medical

  $12,963,157

  Retail

  $19,494,466

Location Insight

City

Lemon Grove

County

San Diego

State

California

Latitude

32.7432

Longitude

-117.028

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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