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Standard Plumbing Inc Purchases Industrial Property From Grasik LLC For $11.5M In Oceanside

Property Image
SOLD
$11,500,000

California

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Industrial51,840 SF
Sold 11/10/2025
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Property Image
SOLD

Standard Plumbing Inc Purchases Industrial Property From Grasik LLC For $11.5M In Oceanside

4675 North Avenue

See Similar Deals
Industrial51,840 SF
Sold 11/10/2025
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Summary

CALIFORNIA
Asset Type:Industrial
Price Per Square Foot:$221
Total Square Footage:51,840 SF
Transaction Type:Sale

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

Matt Pourcho
48 deals$650.7M volume
BROKER

Casey Sterk
CBRE
5 deals$75.5M volume(760) 525-0993
BROKER

CBRE
BROKERAGE

Details

SOLD
IMAGE: Casey Sterk & Matt Pourcho DATE: 11/10/2025 ADDRESS: 4675 North Avenue MARKET: Oceanside ASSET TYPE: Industrial BUYER: Standard Plumbing Inc SELLER: Grasik LLC BROKERS: Casey Sterk & Matt Pourcho (@MPourcho) - CBRE (@CBRE) SALE PRICE: $11,500,000 SF: 51,840 ~ PPSF: $222 NOTE: CBRE brokered the $11.5 million sale of a 51,840-square-foot industrial property at 4675 North Avenue in Oceanside, Calif., on behalf of seller Grasik LLC. The buyer, Standard Plumbing Inc., plans to occupy the site, which offers strong freeway access and two drive-in doors suited for manufacturing or distribution use.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$613,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40