525 S Coast Hwy 101,Oceanside, CA 92054
Oceanside, CA 92054
Description
Coldwell Banker Commercial Realty is pleased to present the exclusive opportunity to acquire: $4,290,000 in San Diego's prime coastal real estate. This dual-income asset features Vital Climbing Gym, a premier regional fitness operator, and a T-Mobile Cell Tower. This property offers a unique combination of high-traffic "lifestyle" commercial space and essential "credit" infrastructure with significant near-term yield expansion. Investment Highlights: Capital Improvements & Low Deferred Maintenance: The property features a newer primary rooftop and a well- maintained lower roof, significantly reducing near-term CapEx requirements for a new owner. Defensible Infrastructure Asset: T-Mobile has occupied this site since 2000. Due to the City of Oceanside's strict permitting restrictions for new telecommunications sites, this tower represents an asset with massive tenant retention leverage. Immediate Value-Add Opportunity: With the T-Mobile lease expiring on 7/31/2028 and negotiations currently underway, a Buyer can finalize terms to capture a 5% stabilized Cap Rate. Strategic Rent Growth: The Vital Gym lease provides 2% annual escalations, ensuring the Net Operating Income (NOI) keeps pace with the market.
Details
| MLS # | NDP2606647 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 61 |
| Listing Provided By | Coldwell Banker Realty | Mie Kim |
Features
| SQ Feet | 8,550 |
|---|---|
| Story(s) | 2 |
| Units | 1 |
| Building(s) | 1 |
| Zoning | Commercial (City-led zoni |
| Acreage | 0.32 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
Exterior
| Lot Features | Corner Lot |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Oceanside |
| Zip Code | 92054 |
| Area | 92054 Oceanside |
| Listing VS Median (in 92054) | |
Price: $4,290,000 low | high Med: $3,200,000 sqft: 8,550 low | high Med: 4,252 $ / sqft: $502 low | high Med: $753 On site: 61 low | high Med: 1672 | |
Market Activity 92054
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Oceanside |
| Zip Code | 92054 |
| Area | 92054 Oceanside |
| Listing VS Median (in 92054) | |
Price: $4,290,000 low | high Med: $3,200,000 sqft: 8,550 low | high Med: 4,252 $ / sqft: $502 low | high Med: $753 On site: 61 low | high Med: 1672 | |