For Sale
$1,999,999

2301 Highland AveNational City, CA 91950

High-Yield Triple-Net Storefront in National City

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • $1,999,999 asking price for this National City, CA retail property.
  • 2,890 square foot storefront with three tenants.
  • 100% occupancy with a 4.24% cap rate.
  • Modified lease terms.
  • Located on Highland Ave in National City, CA 91950, built in 1958.

Property Details for 2301 Highland Ave

Property type
Retail properties, Retail space
Square Feet
2,890 SF
Year Built
1958

Location Insight

City
National City
County
San Diego
State
California
Latitude
32.6652152
Longitude
-117.093233
2301 Highland Ave, National City, California

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2301 Highland Ave
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