Updated Dec 21, 2023
Joshua Joseph & Brad Kraus Acquires Retail In Oceanside For $19.8M
3905 Mission Avenue, Oceanside, CA, USA
$19,800,000
$222/SF
Building Size
88,923 SF
Asset Type
Retail
Closing
Jul 7, 2021
About this deal
AI
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.
On the Map
$19,800,000
$222/SF
Retail
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Players
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
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93