CIRE Partners is pleased to exclusively offer for sale a rare two-tenant net lease investment opportunity located at 3300 Vista Way in Oceanside, California, part of the thriving San Diego MSA. This ±13,036 SF property, situated on ±1.69 acres of prime commercial land, boasts a 100% occupancy rate with long-term commitments from Fresenius Medical Care, the global leader in dialysis services, and Balboa Nephrology Medical Group. With a 6.00% cap rate and annual NOI of $505,098, this investment offers durable cash flow with upside potential, supported by below-market rental rates and a proven healthcare tenancy. Strategically positioned along Vista Way and prominently facing State Route 78 with combined traffic counts exceeding 160,000 VPD, the property enjoys excellent visibility in a bustling retail corridor featuring over two million square feet of retail space. This healthcare-focused facility is also the closest dialysis center to Tri-City Medical Center, providing vital services to the community and ensuring consistent demand.
Anchored by Fresenius Medical Care, which occupies ±81% of the property and operates extended hours six days a week, this asset is a recession-resilient investment backed by industry-leading tenants. Balboa Nephrology, occupying ±19% of the property, adds complementary healthcare services, further solidifying the property’s tenant mix. The double net (NN) lease structure ensures tenants reimburse operating expenses, including CAM, insurance, and real estate taxes, minimizing landlord responsibilities. Built in 1994 and zoned for commercial highway-oriented use, this well-maintained property offers 64 parking spaces at a ratio of 4.91 spaces per 1,000 SF. Surrounded by a dynamic mix of residential, retail, and educational institutions, including MiraCosta College, the property is positioned to benefit from robust regional demographics and Oceanside’s growing economy. This offering represents a compelling opportunity for investors seeking stable income from established healthcare tenants in a high-demand location.