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3502 College Blvd 4,224 SF 100% Leased Retail Building Oceanside, CA 92056 $3,852,296 CAD ($912.00 CAD/SF) 7.02% Cap Rate
Executive Summary
Marcus & Millichap has been engaged to exclusively market for sale a value-add out parcel pad to College Plaza, a Grocery Outlet and Hobby Lobby
anchored neighborhood center. Situated on College Boulevard, a primary north-south arterial linking Highway 76 and SR78, the site offers excellent visibility,
convenient access and exposure to over 45,000 vehicles per day.
The location benefits from close proximity to daily needs retailers including Starbucks, Wendy's, El Pollo Loco, Chick-fil-A, Walmart, Albertsons, Home
Depot. The site is additionally minutes to Mira Costa College, Tri-City Medical Center, and numerous K–12 schools, supported by both established and new
housing communities. Within a five-mile radius, the trade area includes 305,000+ residents with average household incomes exceeding $113,000,
underscoring the strength of this Oceanside corridor and the opportunity to capitalize on durable market fundamentals.
The building features an extensive dental office build-out with a 30+ year operating history. Furniture, Fixtures and Equipment as well as intellectual
property are available separately, creating a turnkey solution for a new dental practice. Currently configured for two tenants with flexibility for a
three-tenant layout the building provides strong versatility and a compelling value-add opportunity through immediate lease-up and mark-to-market rents
of more than 50% of the GLA.
With a premier location, robust demographics, and proximity to high-performing regional demand drivers, this outparcel pad represents a compelling
opportunity in one of San Diego’s most dynamic submarkets
anchored neighborhood center. Situated on College Boulevard, a primary north-south arterial linking Highway 76 and SR78, the site offers excellent visibility,
convenient access and exposure to over 45,000 vehicles per day.
The location benefits from close proximity to daily needs retailers including Starbucks, Wendy's, El Pollo Loco, Chick-fil-A, Walmart, Albertsons, Home
Depot. The site is additionally minutes to Mira Costa College, Tri-City Medical Center, and numerous K–12 schools, supported by both established and new
housing communities. Within a five-mile radius, the trade area includes 305,000+ residents with average household incomes exceeding $113,000,
underscoring the strength of this Oceanside corridor and the opportunity to capitalize on durable market fundamentals.
The building features an extensive dental office build-out with a 30+ year operating history. Furniture, Fixtures and Equipment as well as intellectual
property are available separately, creating a turnkey solution for a new dental practice. Currently configured for two tenants with flexibility for a
three-tenant layout the building provides strong versatility and a compelling value-add opportunity through immediate lease-up and mark-to-market rents
of more than 50% of the GLA.
With a premier location, robust demographics, and proximity to high-performing regional demand drivers, this outparcel pad represents a compelling
opportunity in one of San Diego’s most dynamic submarkets
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,224 SF
Building Class
B
Year Built/Renovated
1980/2023
Price
$3,852,296 CAD
Price Per SF
$912.00 CAD
Cap Rate
7.02%
NOI
$270,431 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.22 AC
Zoning
CC, Oceanside
Parking
24 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
69’ on College Blvd
Amenities
- Freeway Visibility
- Restaurant
- Signage
- Wheelchair Accessible
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Dorado Animal Hospital & Surgical Center
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Dorado Animal Hospital & Surgical Center | - | 99,999 SF | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 168-012-41 | Total Assessment | $2,028,857 CAD (2025) |
| Land Assessment | $760,820 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,268,036 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
168-012-41
Land Assessment
$760,820 CAD (2025)
Improvements Assessment
$1,268,036 CAD (2025)
Total Assessment
$2,028,857 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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3502 College Blvd
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