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Highland Center 1320 Highland Ave 35,622 SF Retail Building National City, CA 91950 $11,898,433 ($334.02/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Easy access into site from both Highland Avenue and East 14th, via four curb cuts
- Benefits from adjacent, high performing Walmart (Ranked 1st out of 20 Walmarts in the San Diego)
- High daytime population of 107,413 within 3 miles
- Located on high traffic corridor - Highland Ave carries 18,200 cars per day
- Adjacent to new Kimball Highland multi-family development (145 units)
- Under-market rents
EXECUTIVE SUMMARY
This property is located adjacent to the 1st most visited Walmart in the San Diego - Carlsbad region with 3.5 million visits in the past year. The project is surrounded by many national retail tenants in a busy commercial corridor. The neighboring property consists of the multi-family development, the Kimball Highland Apartments with 145 units.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
35,622 SF
Building Class
B
Year Built
1963
Price
$11,898,433
Price Per SF
$334.02
Cap Rate
6%
NOI
$713,906
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
2.62 AC
Opportunity Zone
Yes
Zoning
MXD-2
Parking
147 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
175’ on Highland Ave
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
-
Jan 0000
Dollar Tree is a privately held discount variety store offering a range of everyday household goods including cleaning supplies, groceries, health and beauty items, party supplies, toys, school products, and seasonal décor. As part of a multi-unit national retail chain, this store integrates retail convenience, value pricing, and a consistent product mix alongside its broader corporate network. The brand continues to focus on store network expansion and community accessibility.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Jan 0000 |
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 560-050-11 | Improvements Assessment | $1,354,565 |
| Land Assessment | $1,847,139 | Total Assessment | $3,201,704 |
PROPERTY TAXES
Parcel Number
560-050-11
Land Assessment
$1,847,139
Improvements Assessment
$1,354,565
Total Assessment
$3,201,704
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Highland Center | 1320 Highland Ave
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