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Highland Center 1320 Highland Ave 35,622 SF Retail Building National City, CA 91950 $16,460,055 CAD ($462.08 CAD/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

$16,460,055 CAD

Price Per SF

$462.08 CAD

Cap Rate

NOI

$987,603 CAD

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 is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.