760-448-1372
1201 S Coast Hwy, Oceanside, CA for Sale
Drug Store - FOR SALE
1/10
null | Request Cap Rate

1201 S Coast Hwy
Oceanside, CA 92054
Downtown Oceanside


HIGHLIGHTS

  • Rare Coast Hwy Freestanding Redevelopment Opportunity – 16,730 SF Freestanding Former Rite Aid Drive-Thru on a 1.44-Acre Parcel – Variety of Uses
  • Prime Corner Location – Located at the Hard-Corner Signalized Intersection at Coast Hwy & Oceanside Blvd, Averaging Nearly 40,000 CPD
  • High-Density and Affluent Coastal Trade Area – Over 73,929 Residents with an Average Household Income Over $123,000 within 3 Miles
  • Transforming Coastal Corridor – Strong Tourism and Diverse Economy – Over $6 Million Annual Visitors in 2024
  • Explosive Development Growth in Oceanside and Coast Hwy – Retail, Multi-Family, and Mixed-Use

OVERVIEW

Lee & Associates, in association with NNN Investment Group, is pleased to present a rare fee simple owner-user and redevelopment opportunity located at 1201 S Coast Highway in Oceanside, California. The property consists of a 16,730 square foot freestanding retail building situated on a 1.44-acre parcel, originally constructed in 1998 as a Rite Aid with a drive-thru component. Positioned on a signalized hard corner at Coast Highway and Oceanside Boulevard, the asset offers exceptional visibility, multiple points of ingress and egress, and prominent street frontage along one of North County San Diego’s primary coastal corridors. The property is currently vacant, providing flexibility for an owner-user, repositioning, or redevelopment strategy. Its large parcel size and existing improvements allow for a wide range of retail or mixed-use applications, supported by strong traffic counts approaching 40,000 vehicles per day at the intersection and convenient access to Interstate 5 and regional highways. The site also benefits from proximity to the Coast Highway Sprinter Station, enhancing accessibility and consistent foot traffic within the immediate trade area.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Rite Aid

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

Retail Trade

APN/PARCEL ID

152-171-18

ASK ABOUT THIS PROPERTY

Drew OlsonLee & AssociatesMore Info
760-448-1372

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Drew OlsonLee & AssociatesMore Info
760-448-1372

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.