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Hunter Steakhouse 1221 Vista Way 5,558 SF Retail Building Oceanside, CA 92054 $5,708,185 CAD ($1,027.02 CAD/SF)
Investment Highlights
- Sale Price: $4,175,000
- Single-tenant NNN restaurant investment with strong NOI on a high-traffic coastal corridor
- Rent Increases: CPI Every 2 Years - 4% Cap
Executive Summary
1221 Vista Way is a three-story, single-tenant restaurant property totaling approximately 5,558 SF on a ±60,113 SF lot in Oceanside, California. The property is occupied by Hunter Steakhouse under an absolute NNN lease, generating an in-place NOI of $189,763.14 with CPI increases every 2 years (Capped at 4%). Zoned VC (Visitor Commercial), the site offers long-term stability and minimal landlord responsibilities. Conveniently located near both the I-5 and SR-78 freeways, the property enjoys strong visibility, accessibility, and a prime coastal location in North County. Sale includes real estate only and does not include business. Please do not disturb tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,558 SF
Building Class
C
Year Built
1972
Price
$5,708,185 CAD
Price Per SF
$1,027.02 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.09
Lot Size
1.38 AC
Zoning
VC - VC- Visitor Commercial
Parking
24 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
81’ on Vista Way
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 155-140-26 | Improvements Assessment | $1,949,777 CAD |
| Land Assessment | $1,250,282 CAD | Total Assessment | $3,200,059 CAD |
Property Taxes
Parcel Number
155-140-26
Land Assessment
$1,250,282 CAD
Improvements Assessment
$1,949,777 CAD
Total Assessment
$3,200,059 CAD
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Hunter Steakhouse | 1221 Vista Way
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