3300 Vista Way - Medical FOR SALE


Oceanside, CA 92056- Mira Costa
$8,415,000 USD
858-222-3333
3300 Vista Way, Oceanside, CA for Sale
$8,415,000 USD
Medical - FOR SALE
1/7
null | 6% Cap Rate

3300 Vista Way
Oceanside, CA 92056
Mira Costa


HIGHLIGHTS

  • Long-term lease commitment from Fresenius Medical Care, the global leader in dialysis services, which occupies ±81% of the property.
  • This medical center boasts a proven 30-year track record as a hub for dialysis and renal care for patients in Oceanside.
  • This Fresenius location operates 19.5 hours per day, six days a week, indicating higher patient volume and the critical need for dialysis services.
  • Recent Lease extensions demonstrates tenants’ commitment to and performance at this location.
  • Net Lease Structures - Tenants reimburse operating expenses, including CAM, insurance, and real estate taxes, under net lease agreements.
  • Closest dialysis facility to the 388-bed Tri-City Medical Center, a full-service hospital serving the immediate area.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$8,415,000 USD

PRICE/SF

$646 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Net Leased Fresenius Medical Dialysis Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

CS-HO

APN/PARCEL ID

165-362-23

ASK ABOUT THIS PROPERTY

Renato LorjaCIRE PartnersMore Info
858-222-3333

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Renato LorjaCIRE PartnersMore Info
858-222-3333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.