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12/06/19
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A 12k sf, multi-tenant retail building in Oceanside has sold for $3.7 mil, or $308/sf. The property is located at 417-431 S. Coast Highway, south of Mission Ave between I-5 and the coast.
At the time of sale, the property was fully occupied by nine tenants with existing lease terms. The building sits on a 24k sf parcel along the highly-visible S. Coast Highway.
Bill Shrader and Luke Holler of Colliers International’s Urban Property Team represented the unnamed buyer and the seller, Fullerton Square.
“Oceanside continues to evolve into a true live, work and play environment for both locals and visitors alike,” said Shrader. “As this neighborhood continues to grow, investors are actively seeking unique investment opportunities that are in short supply.”
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