525 S Coast Hwy 101, Oceanside, CA 92054
List Price: $4.29M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 2000
MLS Number: NDP2606647
About This Property
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.
Listing provided by: Mie Kim DRE #01754560 760-753-5616 kmie75@gmail.com, Coldwell Banker Realty
Source: CRMLS, MLS #: NDP2606647
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.