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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