3774 Grove St
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3774 Grove St
11,479 SF 100% Leased Office Building Lemon Grove, CA 91945 £2,765,035 (£241/SF) 3.69% Net Initial Yield
Investment Highlights
- Almost always 100% rented
- Recent tenant improvements completed
Executive Summary
In the past year improvements have been made including tile floors to replace the carpet, office spaces, walls, and the wireless tower.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,479 SF
Building Class
C
Year Built
1990
Price
£2,765,035
Price Per SF
£241
Net Initial Yield
3.69%
NOI
£102,012
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
5,740 SF
Slab to Slab
11 ft
Building FAR
0.61
Land Acres
0.43 AC
Zoning
H-C - Highway Commercial
Parking
28 Spaces (2.44 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Partitioned Offices
1 of 1
Walk Score ®
Very Walkable (82)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £376,191 | |
| Land Assessment | £261,872 | Total Assessment | £638,063 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£261,872
Improvements Assessment
£376,191
Total Assessment
£638,063
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Jay Markoff - Jay Markoff Realty
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Jay Markoff Realty
3774 Grove St
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