Positioned just five blocks from the Pacific Ocean in the heart of Oceanside, 401 N. Coast Highway presents a rare opportunity to acquire a fully leased, multi-tenant retail condominium in one of Southern California’s most rapidly transforming coastal markets. This ±12,740 SF asset is 100% NNN leased to eight established tenants, offering investors a stabilized, low-maintenance income stream with a ±7.00% in-place cap rate. The property benefits from its location along the highly trafficked Coast Highway corridor, surrounded by a wave of revitalization including new hotels, luxury residential developments, and cultural attractions. Oceanside’s $1B+ in recent and ongoing development activity underscores the long-term value of well-located retail assets in this market. As a commercial condominium, the asset offers simplified ownership and operational efficiency compared to traditional strip centers. Investors can also benefit from significant bonus depreciation advantages, with a high percentage of the purchase price allocated to depreciable improvements—maximizing after-tax returns in early years. With excellent visibility, 29 off-street parking spaces, and flexible space configurations suitable for retail, office, or medical use, this property is well-positioned for long-term performance in a market with strong demographic and economic tailwinds.