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Two-Story Office/Retail Building For Sale

3468 Citrus St Lemon Grove, CA 91945

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Two-story office/retail building with 10 tenants and 100% occupancy.

Type:Office, Retail, Industrial
Property size:
7,739 SF
Lot size:
0.32 Acres
Price / SF:
$179/SF
Added:
Dec 2, 2025
Days on Market:
221
Last Refresh:
Jul 2 at 5:43 am

Property Features for 3468 Citrus St

General Information

Standard status
Active
Size
7,739 SF
Lot size
0.32 Acres
Property subtype
Office, Retail, Industrial

Building Details

Year Built
1990

Listing office DT America Realty

Listing date Dec 2, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of DT America Realty


Investment Insights

Based on property information with market context.

This two-story office/retail building offers 7,739 square feet of space on a 13,813 square foot lot. The commercial building is fully occupied by 10 tenants. The property features convenient freeway access directly off Broadway, along with 20 parking spaces and a fenced outside area. Water and trash services are paid by the owner, while tenants are responsible for their electrical expenses. Shared restrooms are available on both the first and second floors. The property is located just east of the Broadway and Massachusetts Avenue intersection, right off the 94 freeway. Zoned for general commercial and heavy commercial use, the property accommodates a variety of businesses, including office, retail, light or heavy manufacturing, and salons.

Key Highlights

  • 100% occupancy
  • High visibility location right off the 94 freeway and Broadway
  • Versatile zoning allowing for diverse business types

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $185.7k $24.00
− Vacancy −$12.1k −$1.56
EGI $173.7k $22.44
− OpEx −$52.1k −$6.73
NOI $121.6k $15.71
7,739 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Office B
$2.56M
$2.24M – $2.98M (±1% cap)
NOI $179,073 @ 7.0% cap · market cap 12.89%
Second Best
Mixed Use
$2.39M
$2.09M – $2.79M (±1% cap)
NOI $167,135 @ 7.0% cap · market cap 12.03%
Theoretical Best
Office A
$3.55M
$3.10M – $4.14M (±1% cap)
NOI $248,203 @ 7.0% cap · market cap 17.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Colon Works By ... Alternative Medicine Practice JLD Barbering and Apparel Clothing & Fashion Store Synergy & Strength Gym & Fitness Center Hawkins Realty Real Estate Agency Spoil Her LLC Hair Salon

Suggested Use

Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Storage Facility HVAC Service Gym & Fitness Center Discount Store Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-story office/retail building with 10 tenants and 100% occupancy.
Where is this mixed-use property located?
The property is located at 3468 Citrus St Lemon Grove, CA.
What is the asking price?
The asking price for this property is $1,389,000.
What are key features of this property?
This property features: 100% occupancy; High visibility location right off the 94 freeway and Broadway; Versatile zoning allowing for diverse business types
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