25
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$4,290,000
Est. payment /mo
New
525 S Coast Hwy 101 Oceanside, CA 92054
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2606647
HOA Y/N No
Year Built 2000
Property Sub-Type Retail
Property 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.
Location
State CA
County San Diego
Area 92054 - Oceanside
Zoning Commercial (City-led zoni
Interior
Fireplace No
Building
Lot Description Corner Lot
Story 2
Others
Tax ID 1501840700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Mie Kim Coldwell Banker Realty kmie75@gmail.com, DRE #01754560
NEARBY SCHOOL & BUSINESS
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