Office/Warehouse Flex
1361 Rocky Point Dr Oceanside, CA 92056
1361 Rocky Point Dr, Oceanside, CA, 92056
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For Sale
Contact for pricing
Well-maintained owner-occupied office/warehouse with climate-controlled warehouse space and expanded office improvements.
Property Size5,186 SF
Price / SF$382.76
Days on Market131
Property Features for 1361 Rocky Point Dr
General Information
- Standard status
- Active
- Size
- 5,186 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 2009
Listing Agency
Hunter Campbell
Listed by
Hunter Campbell · License #CA
Source
Crexi
Added: Mar 13 Updated: Jul 20 at 5:17 pm Checked: Jul 20 at 5:17 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hunter Campbell
Investment Insights
Based on property information with market context.
This owner-occupied office/warehouse flex building is exceptionally well maintained and features a recently remodeled and expanded office component completed in 2023. The office area is described as approximately 1,906 square feet and includes five oversized private offices, a high-end conference room with floor-to-ceiling glass, a kitchen, and a welcoming front lobby. Interior finishes include custom accent lighting, crown molding, upgraded baseboards, and premium flooring, with large windows providing abundant natural light in all offices and select spaces.
The warehouse area is described as approximately 3,280 square feet and is fully climate-controlled with a dedicated heating and air-conditioning unit added during the remodel. The warehouse includes bright LED lighting throughout and a full roll-up door for functional access. Separate remodeled oversized restrooms for men and women are included, along with private on-site parking directly in front of and alongside the building.
The property is presented as a turnkey facility with a layout suited to a wide range of owner-user or business park occupancies. Buyer is advised to verify square footage.
The warehouse area is described as approximately 3,280 square feet and is fully climate-controlled with a dedicated heating and air-conditioning unit added during the remodel. The warehouse includes bright LED lighting throughout and a full roll-up door for functional access. Separate remodeled oversized restrooms for men and women are included, along with private on-site parking directly in front of and alongside the building.
The property is presented as a turnkey facility with a layout suited to a wide range of owner-user or business park occupancies. Buyer is advised to verify square footage.
Key Highlights
- 2009‑built owner‑occupied office/warehouse with expanded, remodeled office and climate‑controlled warehouse
- $200,000 interior remodel and expansion completed in 2023
- Office expanded to approx. 1,906 SF with five oversized private offices plus a high‑end conference room, kitchen, and front lobby
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $136.9k | $26.40 |
| − Vacancy | −$17.7k | −$3.41 |
| EGI | $119.2k | $22.99 |
| − OpEx | −$29.8k | −$5.75 |
| NOI | $89.4k | $17.25 |
5,186 SF · lease $26.40/SF/yr · vacancy 12.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,437 @ 7.0% cap · market cap 4.51%
Second Best
Warehouse
$922.1K
$806.8K – $1.08M
NOI $64,544 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,417 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Spirit of Sharing
Charitable Organization
Degu Inc
Real Estate Agency
Spirit of Sharing - Food ...
Food Bank
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FAQs
What type of property is this?
Flex space - Well-maintained owner-occupied office/warehouse with climate-controlled warehouse space and expanded office improvements.
Where is this flex space located?
The property is located at 1361 Rocky Point Dr Oceanside, CA.
What is the asking price?
The asking price for this property is $1,985,000.
What are key features of this property?
This property features: 2009‑built owner‑occupied office/warehouse with expanded, remodeled office and climate‑controlled warehouse; $200,000 interior remodel and expansion completed in 2023; Office expanded to approx. 1,906 SF with five oversized private offices plus a high‑end conference room, kitchen, and front lobby
