2301 Highland Ave National City, CA 91950
For Sale
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This exceptional investment opportunity presents a 2,890 square foot, three-unit retail center located at 2301 Highland Avenue in National City, California, 91950. Built in 1958, this property boasts 100% occupancy with long-term tenants, ensuring a stable income stream. The asking price is $1,999,999, translating to a price per square foot of $692.04 and a compelling 4.24% cap rate. Situated on a busy National City thoroughfare, this storefront benefits from high visibility and significant foot traffic. Ample customer parking is available, and convenient freeway access enhances its appeal. The modified lease structure provides a flexible and potentially lucrative investment opportunity. This multi-tenant property offers a strong return on investment, making it an ideal addition to any portfolio. The property's prime location and consistent occupancy make it a highly desirable asset in a thriving commercial area. This is a rare chance to acquire a well-established, high-performing retail center in a desirable location. Don't miss this chance to secure a profitable investment in a robust market.
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Fred Loya Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · National City, CANational City. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.