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401 N Coast Hwy - Ocean Village - GROUND FLOOR RETAIL/OFFICE 12,740 SF Retail Condo Unit Offered at $5,450,000 in Oceanside, CA 92054
INVESTMENT HIGHLIGHTS
- THIS LISTING IS FOR GROUND-FLOOR RETAIL/OFFICE ONLY AND DOES NOT PERTAIN TO RESIDENTIAL CONDO UNITS
- Fully leased to eight tenants with 100% NNN structure
- 29 rare off-street parking spaces plus street parking
- Prime Coast Highway frontage just five blocks from the beach
- ±7.00% in-place cap rate with strong annual rent growth
- Surrounded by $1B+ in new development and revitalization
EXECUTIVE SUMMARY
THIS LISTING IS FOR GROUND-FLOOR RETAIL/OFFICE ONLY AND DOES NOT PERTAIN TO RESIDENTIAL CONDOMINIUM UNITS.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
1 UNIT AVAILABLE
Unit 1
| Unit Size | 12,740 SF | Sale Type | Investment |
| Price | $5,450,000 | Cap Rate | 7.00% |
| Price Per SF | $427.79 | NOI | $381,500 |
| Condo Use | Retail | No. Parking Spaces | 29 |
| Unit Size | 12,740 SF |
| Price | $5,450,000 |
| Price Per SF | $427.79 |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| NOI | $381,500 |
| No. Parking Spaces | 29 |
DESCRIPTION
THIS LISTING IS FOR GROUND-FLOOR RETAIL/OFFICE ONLY AND DOES NOT PERTAIN TO RESIDENTIAL CONDOMINIUM UNITS.
*Suitable for retail, office, medical and other business types.
*100% NNN Leased - High rental income from existing tenants.
*High Traffic Area - Benefits from significant foot and vehicle traffic
*5 Blocks from the ocean
*Excellent Street Parking, plus 29 rare of street dedicated parking spaces.
SALE NOTES
THIS LISTING IS FOR GROUND-FLOOR RETAIL/OFFICE ONLY AND DOES NOT PERTAIN TO RESIDENTIAL CONDOMINIUM UNITS.
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.
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Interior Photo
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401 N Coast Hwy - Ocean Village - GROUND FLOOR RETAIL/OFFICE
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