JUST SOLD FOR $4,125,000 | Oceanside Office Building

Oceanside multi-tenant office building just sold for $4,125,000.

3355 Mission Avenue, Oceanside, CA 92058

Liam Teer, Sales & Leasing Associate of Pacific Coast Commercial, and part of the team representing the Buyer, stated, “Copperwood Courtyard represented a rare opportunity to purchase a 34,634 SF multi-tenant office building in Oceanside at a very attractive price per foot of $119. The property is well under replacement cost with recent capital improvements. The buyer plans to make further improvements to the project and increase the cash flow by leasing up the vacancies.”

SALE DETAILS:

Property Type: Multi-tenant Office Building known as Copperwood Courtyard

Square Footage: +/- 34,634 SF Building on 1.7 Acre Lot

Close of Escrow Date: 4/26/19

Seller Name: PMI COPPERWOOD, LP and IMOB Investments, LLC

Buyer Name: Garrison LLC

Escrow Company: Chicago Title

Title Company: Chicago

Major Tenants: Oceanside Therapy Group, HealthRIGHT 360, Comprehensive Autism

REPRESENTATION:

Buyer Representation: Pacific Coast Commercial

Bo Gibbons, Associate Vice President, Lic. 01367936

Lee Suryani, Sales & Leasing - Senior Advisor, Lic. 01384873

Liam Teer, Sales & Leasing Associate, Lic. 02021260

Seller Representation: Commercial Asset Advisors

Brian Jenkins, Mike Conger

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