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Jason & Melissa Betz Purchase Retail Property From TP’s Eagles Nest LP In Oceanside For $2.7M

Property Image
SOLD
$2,700,000
Chad O’Connor
Nicholas (Nick) Totah
+ 1

California

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Retail4,070 SF
Sold
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Property Image
SOLD

Jason & Melissa Betz Purchase Retail Property From TP’s Eagles Nest LP In Oceanside For $2.7M

612 Mission Avenue

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Retail4,070 SF
Sold
Chad O’Connor
Nicholas (Nick) Totah
+ 1
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$663
Total Square Footage:4070 SF
Transaction Type:Sale

The property sold is located at 610–612 Mission Avenue in Oceanside, comprising a retail asset spanning 4,070 square feet. The sale price reached $2,700,000, translating to a price per square foot of $663. The transaction was completed on August 21, 2025.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,700,000
  • Square Footage: 4,070
  • Price per Square Foot: $663
  • Address: 610–612 Mission Avenue
  • Market: Oceanside
  • Buyer: Jason & Melissa Betz
  • Seller: TP’s Eagles Nest, LP
  • Buyer's Representative: Robb Johnson - Marcus & Millichap
  • Seller's Representatives: Nick Totah & Ross Sanchez - The Totah Group - Marcus & Millichap
  • Mortgage Broker: Chad O’Connor - Marcus & Millichap

The sellers, TP’s Eagles Nest, LP, were represented by Ross Sanchez and Nick Totah from The Totah Group under Marcus & Millichap. The buyers, Jason and Melissa Betz, plan to transform the vacant suite into a tattoo studio, with their representation provided by Robb Johnson from Marcus & Millichap. Chad O’Connor also facilitated the transaction as the mortgage broker.

Players

Nicholas (Nick) Totah
20 deals$137.6M volume(858) 373-3159
BROKER

Chad O’Connor
Marcus & Millichap
24 deals$240.9M volume
BROKER

Ross Sanchez
Marcus & Millichap
17 deals$123.6M volume
BROKER

Robert (Robb) Johnson
Marcus & Millichap
2 deals$9.1M volume(858) 373-3130
BROKER

Marcus & Millichap
BROKERAGE

Details

SOLD
IMAGE: Robb Johnson, Nick Totah, Ross Sanchez & Chad O’Connor DATE: 08/21/2025 ADDRESS: 610–612 Mission Avenue MARKET: Oceanside ASSET TYPE: Retail BUYER: Jason & Melissa Betz SELLER: TP’s Eagles Nest, LP BUYER'S REP: Robb Johnson - Marcus & Millichap SELLER'S REP: Nick Totah (@Nick.Totah) & Ross Sanchez - The Totah Group - Marcus & Millichap (@MarcusMillichapInc) MORTGAGE BROKER: Chad O’Connor (@ChadOConnor5) - Marcus & Millichap SALE PRICE: $2,700,000 SF: 4,070 ~ PPSF: $663 NOTE: Marcus & Millichap brokered the $2.7M sale of Mission Collective, a 4,070-square-foot retail property in Oceanside, $100K above asking. Sellers TP’s Eagles Nest, LP were represented by Ross Sanchez and Nick Totah, while buyers Jason and Melissa Betz, who will open a tattoo studio in the vacant suite, were represented by Robb Johnson.

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

$144,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
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