Standard Plumbing Inc Purchases Industrial Property From Grasik LLC For $11.5M In Oceanside
4675 North Avenue
$11,500,000
$221/SF
Building Size
51,840 SF
Asset Type
Industrial
Closing
Nov 10, 2025
AI
The industrial property at 4675 North Avenue in Oceanside, California, has been sold for $11,500,000. This facility encompasses a total area of 51,840 square feet and features two drive-in doors, making it suitable for manufacturing or distribution. The property benefits from strong freeway access, enhancing its usability for the buyer.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $11,500,000
- Square Footage: 51,840
- Address: 4675 North Avenue
- Market: Oceanside
- Buyer: Standard Plumbing Inc
- Seller: Grasik LLC
- Brokers: Casey Sterk & Matt Pourcho - CBRE
CBRE brokered the transaction, representing the seller, Grasik LLC, in the sale. The buyer, Standard Plumbing Inc., intends to occupy the newly acquired site for their operational needs.
Players
Oceanside Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93