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Property profile & analytics
OFF-MARKET Estimated value $7,065,000
Strip malls

7103 Broadway 51 Lemon Grove, CA 91945-1436

22,151 SF 2.16 ac lot Built 1971
Individually Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9510842
Property summary
AI-generated overview

Lemon Grove Square offers a prime retail space totaling 900 square feet, currently fully vacant and available for lease. This free-standing building is situated in a high-traffic area of Lemon Grove, at a busy intersection. The property's excellent location benefits from strong neighboring businesses, including established retailers such as Home Depot, Albertsons, and Food4Less, ensuring high visibility and foot traffic. This multiple-tenancy building provides an opportunity for a single tenant to occupy the entire 900 square feet, or it could be subdivided for multiple smaller tenants (subject to landlord approval). Current occupants of Lemon Grove Square include Dollar Tree, H&R Block, Postal Annex, and Eyeglass World, creating a diverse and established retail environment. The property is located in San Diego County and presents a unique chance for businesses seeking a prominent location within a thriving commercial area. The building's size and location make it ideal for a variety of retail uses. Interested parties are encouraged to inquire for lease terms and conditions. This is a rare opportunity to secure a highly visible retail space in a densely populated and commercially active area.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1971
Total area 22,151 SF
Lot 2.16 ac (94,089 SF)
Zoning code COMMERCIAL
APN 479-070-17-00
UPID US09-9510842
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Andrew Tutino Chiropractic Alternative Medicine Practice
  • Delta Chiropractic Clinic Alternative Medicine Practice
  • Andrew Tutino, DC Alternative Medicine Practice
  • Corinne Skutley Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.91M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.07M
Owner & transaction history
Lemon Grove Cif · 21 yrs held
Lemon Grove Cif
since 2005
4 recorded transactions
2005
Price N/A
2005
$6.9M
1990
Price N/A
1969
Price N/A
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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