Coldwell Banker Commercial Realty is pleased to present the exclusive opportunity to acquire $4,750,000 , a 4.5% Cap Rate in return building in San Diego's prime coastal real estate.
The Heart of Oceanside: Occupying a prime "Main Strip" position on South Coast Highway, the epicenter of the city’s coastal revitalization.
Coastal Proximity: Situated just eight blocks from the Pacific Ocean, benefiting from the prestigious coastal atmosphere and temperate climate.
Booming Submarket: Surrounded by a surge of upscale new developments, trendy culinary destinations, and city-led zoning changes designed to maximize density and property values.
Asset Features & Design
Iconic Architectural Design: A local landmark recognized for its "natural-meets-modern" aesthetic, providing instant brand recognition for any occupant.
Superior Corner Lot Visibility: Strategically positioned on a high-exposure corner to capture maximum vehicular and pedestrian traffic counts.
Ample On-Site Parking: Rare coastal offering of 25 dedicated parking spaces, providing effortless convenience for clients and staff.
Flexible Footprint: A substantial 8,550 SF stand-alone building situated on a generous 14,091 SF lot.
Condition & Passive Income
Meticulous Maintenance: Pride-of-ownership is evident throughout, featuring an immaculate exterior and a brand-new lower-tier entrance roof.
Upgraded Infrastructure: The main roof is in excellent condition, ensuring reduced near-term capital expenditures for a new owner.
Ancillary Revenue Stream: Features a renovated T-Mobile cell tower on-site, offering a reliable and passive income source to offset carrying costs.