Fully Leased Retail
For Sale
Contact for pricing
401 N Coast Hwy, Oceanside, CA
Stabilized, cash-flowing retail condominium with eight established tenants.
Property Size12,740 SF
Lot Size0.70 Acres
Price / SF$427.79
Days on Market377
Property Features for 401 N Coast Hwy
General Information
Standard status
Active
Size
12,740 SF
Lot size
0.70 Acres
Property subtype
RETAIL
Properties For Sale
at 401 N Coast Hwy Contact us- Size
- 2,100 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
401 N Coast Hwy
Retail/office/medical suite available.
Contact us
Listing Agency:
Commercial Asset Advisors
(858) 360-3000
Listed By:
Todd Simonsen · License #CA02131564
(760) 525-1131
Source:
Moodyscre
Added: Sep 3, 2025
Changed: Sep 6
Last Checked: Sep 14 at 5:36AM
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 Commercial Asset Advisors
Investment Insights
Based on property information with market context.
This fully leased multi-tenant retail condominium offers investors the opportunity to acquire a stabilized, cash-flowing asset. The property, totaling 12,740 square feet, features eight established tenants. The property is positioned for long-term performance and significant tax advantages.
Key Highlights
- Fully leased with eight established tenants, providing immediate cash flow.
- Stabilized asset with a history of performance.
- Limited landlord responsibilities, offering a hands‑off investment.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$194,811
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,896,220
$3.9M
Cap Rate 7%
$2,783,014
$2.8M
Cap Rate 9%
$2,164,567
$2.2M
Market Conditions
NOI Build-Up for 12,740 SF
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.
Gross rent
$319.5K $25.08/SF
− Vacancy
−$41.2K −$3.24/SF
EGI
$278.3K $21.84/SF
− OpEx
−$83.5K −$6.55/SF
NOI
$194.8K $15.29/SF
Area
Oceanside, CA
Vacancy
12.90%
Lease Rate
$25.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,896,220
Cap Rate 7%
$2,783,014
Cap Rate 9%
$2,164,567
Alternative Uses
Best Use
Retail
$2.78M
$2.44M – $3.25M
NOI $194,811 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.26M
$3.73M – $4.97M
NOI $298,275 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tremont Collective — 602 S Tremont St, Oceanside, CA 92054
- Mission Square — Oceanside, CA 92054
- Oceanside Plaza — 888 N Coast Hwy, Oceanside, CA 92054
Frequently Asked Questions
What type of property is this?
Shopping center - Stabilized, cash-flowing retail condominium with eight established tenants.
Where is this shopping center located?
The property is located at 401 N Coast Hwy Oceanside, CA.
What is the asking price?
The asking price for this property is $5,450,000.
What are key features of this property?
This property features: Fully leased with eight established tenants, providing immediate cash flow.; Stabilized asset with a history of performance.; Limited landlord responsibilities, offering a hands‑off investment.
