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Investment Highlights
- Rare Coast Hwy Freestanding Redevelopment Opportunity – 16,730 SF Freestanding Former Rite Aid Drive-Thru on a 1.44-Acre Parcel – Variety of Uses
- High-Density and Affluent Coastal Trade Area – Over 73,929 Residents with an Average Household Income Over $123,000 within 3 Miles
- Explosive Development Growth in Oceanside and Coast Hwy – Retail, Multi-Family, and Mixed-Use
- Prime Corner Location – Located at the Hard-Corner Signalized Intersection at Coast Hwy & Oceanside Blvd, Averaging Nearly 40,000 CPD
- Transforming Coastal Corridor – Strong Tourism and Diverse Economy – Over $6 Million Annual Visitors in 2024
Executive Summary
Lee & Associates, in association with NNN Investment Group, is pleased to present a rare fee simple owner-user and redevelopment opportunity located at 1201 S Coast Highway in Oceanside, California. The property consists of a 16,730 square foot freestanding retail building situated on a 1.44-acre parcel, originally constructed in 1998 as a Rite Aid with a drive-thru component. Positioned on a signalized hard corner at Coast Highway and Oceanside Boulevard, the asset offers exceptional visibility, multiple points of ingress and egress, and prominent street frontage along one of North County San Diego’s primary coastal corridors.
The property is currently vacant, providing flexibility for an owner-user, repositioning, or redevelopment strategy. Its large parcel size and existing improvements allow for a wide range of retail or mixed-use applications, supported by strong traffic counts approaching 40,000 vehicles per day at the intersection and convenient access to Interstate 5 and regional highways. The site also benefits from proximity to the Coast Highway Sprinter Station, enhancing accessibility and consistent foot traffic within the immediate trade area.
The property is currently vacant, providing flexibility for an owner-user, repositioning, or redevelopment strategy. Its large parcel size and existing improvements allow for a wide range of retail or mixed-use applications, supported by strong traffic counts approaching 40,000 vehicles per day at the intersection and convenient access to Interstate 5 and regional highways. The site also benefits from proximity to the Coast Highway Sprinter Station, enhancing accessibility and consistent foot traffic within the immediate trade area.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
16,730 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.27
Lot Size
1.44 AC
Zoning
Retail Trade - Retail Trade
Parking
45 Spaces (2.69 Spaces per 1,000 SF Leased)
Frontage
158’ on S Coast Hwy
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Flagship Retail Box – 16,730 SF - Former Rite Aid with excellent frontage, signage, and a flexible layout ready for a variety of retail, or service uses.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 16,730 SF | Retail | - | Now |
1st Floor
| Size |
| 16,730 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 16,730 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Flagship Retail Box – 16,730 SF - Former Rite Aid with excellent frontage, signage, and a flexible layout ready for a variety of retail, or service uses.
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 152-171-18 | Improvements Assessment | $2,999,648 CAD |
| Land Assessment | $2,744,001 CAD | Total Assessment | $5,743,649 CAD |
Property Taxes
Parcel Number
152-171-18
Land Assessment
$2,744,001 CAD
Improvements Assessment
$2,999,648 CAD
Total Assessment
$5,743,649 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Former Rite Aid | 1201 S Coast Hwy
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