A&C Properties Sells Plaza Rancho Del Oro Retail Center In Oceanside For $34.3M
4130 Oceanside Boulevard
$34,300,000
$527/SF
Building Size
65,054 SF
Asset Type
Retail
Closing
Sep 3, 2024
AI
The property involved in the transaction is a retail center located at 4130 Oceanside Boulevard in Oceanside. The asset, known as Plaza Rancho Del Oro, was sold for $34,300,000. It has a total square footage of 65,054 and the price per square foot is $527. The center is anchored by Albertsons and Planet Fitness, and was 92% leased at the time of the sale, featuring additional tenants like Starbucks and Wells Fargo.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $34,300,000
- Square Footage: 65,054
- Price per Square Foot: $527
- Address: 4130 Oceanside Boulevard
- Market: Oceanside
- Seller: A&C Properties
- Brokers: James Tyrrell, Jimmy Slusher, Joel Wilson, Megan Lanni, Michael Peterson & Reg Kobzi - CBRE
CBRE facilitated the transaction, highlighting the involvement of multiple brokers in the deal. The team included James Tyrrell, Jimmy Slusher, Joel Wilson, Megan Lanni, Michael Peterson, and Reg Kobzi, each contributing to the successful sale of the retail center.
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
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93