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2301-2305 Highland Ave

2,890 SF 100% Leased Retail Building National City, CA 91950 £1,488,270 (£515/SF) 4.46% Net Initial Yield

Executive Summary

Retail center located on the busiest street in National City. Three retail units mainly consisting of long term tenants. Plenty of parking for customers and close access to the freeway. Great investment property.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,890 SF
Building Class
C
Year Built
1958
Price
£1,488,270
Price Per SF
£515
Net Initial Yield
4.46%
NOI
£66,424
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.30
Lot Size
0.22 AC
Zoning
CG, National City
Parking
18 Spaces (6.02 Spaces per 1,000 SF Leased)
Frontage
85 ft on Highland

Amenities

  • Signage
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

MyPoint Credit Union
Starbucks
Navy Federal Credit Union
Freddy's Frozen Custard & Steakburgers
SuperFresh
Food 4 Less
Denny's
California Coast Credit Union
Rent-A-Center
Smart & Final

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
561-312-12
Land Assessment
£626,640
Improvements Assessment
£391,650
Total Assessment
£1,018,290
  • Listing ID: 32991083

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 2301-2305 Highland Ave, National City, CA 91950

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