133 highland, National City, CA 91950

INVESTMENT OPPORTUNITY 133 Highland Avenue | National City, CA

VALUE-ADD MULTI-TENANT RETAIL CENTER

PROPERTY HIGHLIGHTS

• Multi-tenant retail center with stable in-place cash flow

• Below-market rents providing immediate upside potential

• One vacancy ready for lease-up at current market rates

• Strong opportunity to convert to NNN lease structure

• Proven National City retail location

INVESTMENT OVERVIEW 133 Highland Avenue represents a compelling value-add opportunity combining immediate cash flow with multiple income enhancement strategies. Current rents are significantly below market, and the property is ideally positioned for conversion to triple net (NNN) leases, creating substantial upside potential while maintaining stable occupancy.

VALUE-ADD STRATEGIES Rental Rate Adjustment: Existing tenant leases are below current market rates, providing opportunity for income growth through lease renewals and repositioning to market-rate terms.

NNN Conversion: Property can be converted to triple net lease structure, transferring operating expenses to tenants and improving net operating income while reducing landlord responsibilities.

Immediate Lease-Up: One vacant unit available for immediate occupancy at current market rental rates, providing quick path to income enhancement.

Stable Foundation: Strong existing tenant base ensures reliable cash flow during repositioning period, minimizing investment risk.

INVESTMENT PROFILE This is a true value-add opportunity for investors seeking hands-on asset management with clear paths to NOI growth. The combination of below-market rents, NNN conversion potential, existing cash flow, and immediate vacancy fill opportunity creates an attractive risk-adjusted return profile with forced appreciation potential.

Ideal for private investors, value-add funds, and experienced operators looking to execute strategic improvements in an established retail market.