Listed by Flocke & Avoyer Commercial Real Estate
$11,893,052.5
1300-1320 Highland Ave.
Details
APN 560-050-11
Property Type Retail
Sub Type Shopping Center
Square Footage 33,343
Cap Rate 6.00%
NOI $713,583
Year Built 1963
Stories 1
Acreage 2.920
Zoning MXD-2
Parking Spaces 147 spaces
Parking per 1,000 SqFt 4.41
Ground Lease No
Retail | 6.00% CAP | 33,343 SqFt
Marketing description
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.
Listing Contacts
Listed by Flocke & Avoyer Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$713,583.15
$59,465.26/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
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