Retail building on Broadway in Lemon Grove sold

An approximately 14,000-square-foot retail building at 7281-7280 Broadway in Lemon Grove has been sold for $4.18 million. Tenants in the building include AutoZone, Fred Loya Insurance Agency, Evans Tire & Service Center and T-Mobile. The buyer was Crown Investments LLC of San Diego with George Salameh president and manager. The acquisition was financed with a loan of $2.7 million from California Bank & Trust. The seller of the property was MD-Lemon Grove LLC, with Scott D. Duhs as the manager. The building was constructed in 1959 on two lots, totaling 1.29 acres. The property was sold for $2.8 million in February 2007.