Joshua Joseph & Brad Kraus Acquires Retail In Oceanside For $19.8M

Located in Oceanside, the retail property at 3905-3935 Mission Avenue was recently sold for $19,800,000. With a total square footage of 88,923, the property was sold at a price per square foot of $222, reflecting a 5.40% cap rate. The transaction took place on July 8th, 2021.

Summary of transaction details:

• Property Type: Retail
• Sale Price: $19,800,000
• Square Footage: 88,923
• Price per Square Foot: $222
• Cap Rate: 5.40%
• Date: July 8th, 2021
• Market: Oceanside

Representing the buyer and seller in this transaction were Joshua Joseph from James Capital Advisors, serving as the broker, and Brad Kraus, also from James Capital Advisors, acting as the mortgage broker.