1523 S Coast Hwy - 5,128 SF Retail | Office | Fitness | QSR
Retail | 5.90% CAP | 5,128 SqFt
Marketing description
Urban West Ventures, Inc., as Exclusive Listing Broker, proudly presents a rare commercial real estate investment opportunity in North County San Diego’s single coolest submarket – South “O”. The opportunity allows an Owner-Occupant or Investor to acquire a Hwy 101-fronting stand-alone commercial building with abundant parking, industrial-grade power (400 amps) and flexible zoning.
The Subject Property – 1523 S Coast Hwy, Oceanside, CA 92054 – offers total Rentable Building Ares of 5,128 Sq Ft, consisting of a 4,561 Sq Ft commercial building currently built out with high-image office improvements, and a 567 Sq Ft Metal Building, both positioned on a 24,829 Sq Ft lot (0.57 acres) (APN: 153-030-04-00). 22 surface parking spaces are accompanied by a highly attractive 8,500 Sq Ft Rear Yard/Overflow Parking to be utilized for Occupant’s creative uses.
New Ownership will find significant value in the building’s 5 electronically operated, grade-level, glass rollup doors, the substantial plumbing due to men & women’s locker rooms as well as 2 SDGE panels, 250 Amps and 400 Amps, respectively.
Two (2) separate Front Entries as well as drive around access to 567 Sq Ft Metal Building & 8,500 Sq Ft Rear Yard allow for a 1-3 Tenant investment scenario.
This Opportunity seeks a dynamic Owner-Occupant to maximize the property’s best & highest potential.
Investment highlights
- List Price: $3,968,800
- $/Sq Ft Pricing: $774/SF on Building / $160/SF on Lot Size
- Lease Rate: $3.95/SF/MO + NNN
- Projected Y1 NOI: $235,151
- Going-In Cap Rate: 5.9%
- AVG Cap Rate (10yr term): 6.8%
- Term Cap Rate: 8.4%
- Ideal 1031 Replacement Property
- Desirable South Oceanside Coastal Asset
- Rare Stand-Alone Commercial Building WITH PLENTIFUL PARKING
- 24,829 Sq Ft Lot (0.57 Acres)
- 73’ Frontage of Historic Coast Highway 101
- 1-3 Tenant(s) Opportunity
- Upscale/Modern Interior Improvements
- 5 Grade Level Glass Rollup Doors - Electronic
- RARE - Heavy Power – 2 Panels Offering 250 & 400 Amps
- M & W Locker Rooms = Significant In-Place Plumbing
- Rear Lot/Yard – Revenue Generating, Parking, Storage, Etc.
- 567 Sq Ft ‘Bonus’ Metal Building
- Fully Fenced & Secured Property
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
