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New Construction NNN Retail Ground Lease
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7593 Broadway, Lemon Grove, CA 91945

Newly built retail asset offered with a 15-year absolute NNN ground lease structure for long-term certainty.

Property Size3,481 SF
Price / SF$2,180
Days on Market54

Property Features for 7593 Broadway

General Information

Standard status Active
Size 3,481 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $315,000

Building Details

Year Built 2026
Tenancy Single
Listing Agency: SRS National Net Lease Group
Listed By: Chuck Klein · License #CA License No. 00947314
Source: Crexi
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 10 at 10:56AM

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 SRS National Net Lease Group

Investment Insights

Based on property information with market context.

This newly constructed retail property is offered with a 15-year absolute NNN ground lease. The structure is designed to place the primary operating expense responsibility on the tenant under an NNN framework, creating a straightforward ownership profile for investors seeking a leased retail asset.

The property is located at 7593 Broadway in Lemon Grove, California. Public remarks also reference a population base of more than 200,000 people within three miles, supporting the property’s role as a neighborhood-oriented retail location.

This offering may appeal to investors looking to acquire a recently built, single retail asset backed by a fixed-length ground lease. The NNN (absolute) ground lease terms are particularly relevant for buyers prioritizing operational simplicity and predictable lease duration. Prospective tenants and brokers should review the ground lease details during diligence to confirm the specific tenant obligations, term start and end dates, and any renewal provisions tied to the 15-year agreement.

Key Highlights

  • New construction retail asset (Year built: 2026)
  • 15‑year absolute NNN ground lease structure
  • Ground lease is described as providing long‑term certainty

Property Analytics

Current Use

Lemon Grove Car ... Law Firm SD Motorz Car Dealership Pro Sturyapako Washer & Dryer Repair Service

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,379
Businesses Nearby
408k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Home Improvements & Furnishings 22% Shops & Services 19% Groceries 18%
The Home Depot Home Improvements & Furnishings
74,069 visits/mo 0.1 miles
In-N-Out Burger Dining
57,932 visits/mo 0.5 miles
Food 4 Less Groceries
53,231 visits/mo 0.2 miles
McDonald's Dining
31,303 visits/mo 0.5 miles
Starbucks Dining
27,333 visits/mo 0.5 miles

Demographics for 91945, CA

27,814
Population
9,715
Households
2.9
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
4.0 sq mi
ZIP Area
6,954
Density / Sq Mi
$79,381
Median Household Income
$41,727
Median Earnings
$1,769
Median Rent
$640,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built retail asset offered with a 15-year absolute NNN ground lease structure for long-term certainty.
Where is this nnn property located?
The property is located at 7593 Broadway Lemon Grove, CA.
What is the asking price?
The asking price for this property is $7,590,000.
What are key features of this property?
This property features: New construction retail asset (Year built: 2026); 15‑year absolute NNN ground lease structure; Ground lease is described as providing long‑term certainty
More about this property
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