417-431 S. Coast Highway
Photo courtesy of Colliers International

417-431 S. Coast Highway Photo courtesy of Colliers International

An Oceanside retail building has been sold for $3.7 million.

The 12,000 square foot structure at 417-431 S. Coast Highway was sold by Fullerton Square to an undisclosed buyer.

At the time of the sale, the building was fully occupied by nine tenants.

Bill Shrader and Luke Holler of Colliers International’s Urban Property Team represented both parties in the transaction.

“Oceanside continues to evolve into a true live, work and play environment for both locals and visitors alike,” Shrader said. “As this neighborhood continues to grow, investors are actively seeking unique investment opportunities that are in short supply.”

Real estate reporter Ray Huard may be reached at rhuard@sdbj.com or 858-277-8904.