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8047 Broadway

Lemon Grove, CA 91945
  • $1,169,000
  • STATUS: Active
  • ON SITE: 105 Days
  • ID#: WS22008380
UPDATED: 76 min ago
$1,169,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Listing Agent(s): Lili Qian of Universal Elite Inc. (626-346-3508)


Description

The subject property is a 1,566 square foot Tug Boat Fish & Chips Fast food restaurant located on a 15,300 square foot parcel which includes adjacent parking and driveway areas. The property is located in the city of Lemon Grove along Broadway Ave across from Aamco Transmissions, Brake Depot, and is surrounded by many restaurants and other miscellaneous Retail. The property has close proximity to the 94 freeway and 125 freeway. Private Fenced Yard. The property is currently leased to Tug Boat Fish & Chips Corp. Under a 15 year NNN lease which commenced in 2004. The lease include 9% rent increase every three years and one 5-year option to view. Tub Boat Fish & Chips Corp. is a multi unit operator with plans to expand.They currently have three location in the cities of Rancho Cordova, Orangevale, Yuba City and Lemon Grove.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T20:35:15.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
www.themmteamrealty.com/homes/125411469
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8047 Broadway Lemon Grove, CA 91945

  • Price: $1,169,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 76 min ago
  • ID#: WS22008380
0
Beds
0
Baths
0
½ Baths
0.35
Acres
1975
Built
Neighborhood:
91945 - Lemon Grove
County:
San Diego
Area:
91945 - Lemon Grove
Property Description
The subject property is a 1,566 square foot Tug Boat Fish & Chips Fast food restaurant located on a 15,300 square foot parcel which includes adjacent parking and driveway areas. The property is located in the city of Lemon Grove along Broadway Ave across from Aamco Transmissions, Brake Depot, and is surrounded by many restaurants and other miscellaneous Retail. The property has close proximity to the 94 freeway and 125 freeway. Private Fenced Yard. The property is currently leased to Tug Boat Fish & Chips Corp. Under a 15 year NNN lease which commenced in 2004. The lease include 9% rent increase every three years and one 5-year option to view. Tub Boat Fish & Chips Corp. is a multi unit operator with plans to expand.They currently have three location in the cities of Rancho Cordova, Orangevale, Yuba City and Lemon Grove.
Exterior Features

Lot Features 0-1 Unit/Acre

Property Features

Additional Parcels YN No Common Interest None Current Financing None Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Number Of Units Leased 1 Property Sub Type Retail Special Listing Conditions Standard Water Source Public Zoning C



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-21T20:35:15.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The M&M Team Realty. Licensed in the State of California, USA.
 
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The M&M Team Realty
9230 Mayne St
Bellflower CA, 90706
Listing Agent(s): Lili Qian of Universal Elite Inc. (626-346-3508)