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1888 Oceanside Blvd, Oceans...

Duhs Commercial And Autowash Brokers Acquire Retail Properties In Oceanside For $8M
SOLDRetail

Duhs Commercial And Autowash Brokers Acquire Retail Properties In Oceanside For $8M

1888 Oceanside Blvd, Oceanside, CA, USA

$8,000,000

$1,467/SF

Building Size

5,450 SF

Asset Type

Retail

Closing

Jul 21, 2020

AI

An $8,000,000 retail property in Oceanside was recently sold. The property consists of two buildings located at 1888 Oceanside Blvd and 1990 Oceanside Blvd. The total square footage of the property is 5,450, resulting in a price per square foot of $1,467. Austin Dias and Rick Wu from Duhs Commercial, Henry Lee from Autowash Brokers, and Andrew Pierson from Cushman & Wakefield were the brokers involved in the transaction.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,000,000
  • Address: 1888 Oceanside Blvd, 1990 Oceanside Blvd
  • Market: Oceanside
  • Brokers: Austin Dias & Rick Wu - Duhs Commercial, Henry Lee - Autowash Brokers, Andrew Pierson - Cushman & Wakefield
  • Square Footage: 5,450
  • Price per Square Foot: $1,467

The involvement of Austin Dias, Rick Wu, Henry Lee, and Andrew Pierson highlights the diverse group of brokers representing both the buyer and seller in this transaction. The successful sale of this retail property in Oceanside demonstrates the strong demand for commercial real estate in the area.

Players

Austin Dias

Broker

$25.4M

vol

2 deals

Broker

Oceanside Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93