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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

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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.

1300 Highland Ave OM_2025_Print

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

35,622 SF

Building Class

Year Built

1963

Price

$11,898,433

Price Per SF

$334.02

Cap Rate

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

Pylon Sign

Signage

Retailer
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Jan 0000

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.