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Raising Cane's | Lemon Grove, CA 7593 Broadway 3,481 SF Retail Building Lemon Grove, CA 91945 $7,590,000 ($2,180.41/SF) 4.15% Cap Rate
Investment Highlights
- New Construction | 15-Year Ground Lease | Scheduled Rent Increases
- Strong National Brand | Nationally Ranked
- Affluent, Direct Consumer Base | Strong Demographics In the Immediate Trade Area
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
- Strategic Location | Robust Traffic | Highly Desirable In-fill San Diego Market
- Local Traffic Drivers
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,481 SF
Building Class
B
Year Built
2026
Price
$7,590,000
Price Per SF
$2,180.41
Cap Rate
4.15%
NOI
$315,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.12 AC
Zoning
GC - General Commercial
Amenities
- Corner Lot
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Raising Cane's
- Retailer
- 3,481 SF
- -
- Triple Net
- Aug 2041
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Raising Cane's | Retailer | 3,481 SF | - | Triple Net | Aug 2041 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 480-081-07 | Improvements Assessment | $79,590 |
| Land Assessment | $663,255 | Total Assessment | $742,845 |
Property Taxes
Parcel Number
480-081-07
Land Assessment
$663,255
Improvements Assessment
$79,590
Total Assessment
$742,845
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