179 Roymar Rd Oceanside, CA 92058

This exceptional Oceanside, CA industrial investment opportunity comprises two single-story buildings totaling 16,800 square feet on a 1.19-acre lot. The property, built in 1977 and boasting a 5.50% cap rate, is 100% occupied by eleven tenants with a weighted average lease term of 1.7 years. Current rents are approximately 12% below market rates, presenting significant upside potential for increased net operating income (NOI) through lease renewals and market adjustments. The buildings feature 14 loading docks, ±14' ceiling heights, and ample parking (1.55 spaces per 1,000 sq ft). Recent capital improvements include a new roof, landscaping, asphalt, exterior paint, and signage. Strategically located near major freeways (I-5/SR-78/SR-76), San Diego International Airport, and the Port of San Diego, this property benefits from excellent access and distribution advantages within a highly desirable San Diego submarket. The property is zoned IL (Limited Industrial) and features efficient warehouse and office layouts, making it an ideal investment for those seeking strong cash flow and future appreciation in a robust market with low vacancy rates (3.2% in Q2 2024). Suite sizes range from 1,200 to 2,400 square feet, catering to a diverse tenant base. The asking price is $4,900,000 ($291 per square foot). The Oceanside industrial market has experienced significant rental rate growth (approximately 22% in the last 36 months) due to limited supply and high demand. This property offers a rare opportunity to acquire a well-maintained, multi-tenant industrial portfolio in a prime location with substantial upside potential.