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Investment Highlights

  • Almost always 100% rented
  • Verizon cell tower brings in $2200/month, building is adjacent to one of the 3 busiest highways in San Diego
  • Adjacent to major highway 94 and main Broadway street and 7 min to Downtown San Diego
  • Recent tenant improvements completed, in process putting ceramic tiles on all floors instead of rugs
  • Surrounding area is experiencing incredible building boom
  • More than ample parking in our large parking lot

Executive Summary

In the past year improvements have been made including tile floors to replace the carpet, office spaces, walls, and the wireless tower.
A second small lot listed separately by the city is included at no additional charge.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,479 SF
Building Class
C
Year Built
1990
Price
$4,758,250 CAD
Price Per SF
$414.52 CAD
Cap Rate
3.69%
NOI
$175,548 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,740 SF
Slab To Slab
11’
Building FAR
0.61
Lot Size
0.43 AC
Zoning
H-C - Highway Commercial
Parking
28 Spaces (2.44 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Partitioned Offices

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 1
  • 144 SF
  • Office
  • Full Build-Out
  • Now

Suite One on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

  • 1st Fl-Ste 2
  • 144 SF
  • Office
  • Full Build-Out
  • Now

Suite Two on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

  • 1st Fl-Ste 3
  • 144 SF
  • Office
  • Full Build-Out
  • Now

Suite Three on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

Space Size Space Use Build-Out Available
1st Fl-Ste 1 144 SF Office Full Build-Out Now
1st Fl-Ste 2 144 SF Office Full Build-Out Now
1st Fl-Ste 3 144 SF Office Full Build-Out Now

1st Fl-Ste 1

Size
144 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 2

Size
144 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 3

Size
144 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 1

Size 144 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite One on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

1st Fl-Ste 2

Size 144 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite Two on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

1st Fl-Ste 3

Size 144 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Suite Three on the first floor offers a private office space totaling 144 square feet. The suite is available immediately and is offered on a full-service basis with negotiable lease terms. The rental rate is $4.51 per square foot per month. This space is well-suited for small businesses or professionals seeking a private, efficient office environment within a multi-tenant property.

Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
60/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 475-440-19
  • 475-440-20
Land Assessment
$462,430 CAD
Improvements Assessment
$664,303 CAD
Total Assessment
$1,126,733 CAD
  • Listing ID: 32234977

  • Date on Market: 2024-06-24

  • Last Updated:

  • Address: 3774 Grove St, Lemon Grove, CA 91945

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