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NNN Grocery Investment Property
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4040 Piedmont Ave, Oakland, CA 94611

Leased grocery component within a historic, established retail operation on Piedmont Avenue.

Property SizeContact for details
Days on Market144

Property Features for 4040 Piedmont Ave

General Information

Standard status Active
Property subtype Retail, Mixed Use

Building Details

Tenancy Single
Listing Agency: CP Partners
Listed By: Rachel Kram · License #CA 02021048
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CP Partners

Investment Insights

Based on property information with market context.

This offering comprises a portion of Piedmont Grocery at 4040 Piedmont Avenue, including the market’s meat department area. The grocery operation has occupied the location for more than 100 years and features an emphasis on organic, grass-fed, free-range, and locally sourced products. The premises form part of the tenant’s broader store operation, with a demising wall between the two original buildings to be rebuilt by the tenant when the lease ends.

A long-term NNN lease is in place with annual increases, along with a coterminous lease covering the adjoining grocery portion. The property sits along Piedmont Avenue, an established retail and pedestrian corridor in Oakland. It is near the Grand Lake and Temescal neighborhoods, adjacent to the City of Piedmont, and includes on-site parking serving the grocery use.

Key Highlights

  • Long‑term NNN lease with annual increases
  • Coterminous lease with the adjoining grocery portion
  • Offering includes the market’s meat department area

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Carpet & Flooring Store Computer & Electronic Repair Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,994
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 67% Dining 23% Electronics 5% Home Improvements & Furnishings 3%
Wells Fargo Shops & Services
12,026 visits/mo 0.1 miles
QuikStop Shops & Services
8,091 visits/mo 0.4 miles
7-Eleven Shops & Services
7,445 visits/mo 0.3 miles
Peet's Coffee & Tea Dining
6,520 visits/mo 0.1 miles
76 Shops & Services
6,111 visits/mo 0.4 miles

Demographics for 94611, CA

40,262
Population
19,014
Households
2.1
Avg Household Size
44
Median Age
78%
College-Educated
97%
High-School Grad
7.3 sq mi
ZIP Area
5,515
Density / Sq Mi
$176,517
Median Household Income
$105,393
Median Earnings
$2,274
Median Rent
$1,485,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Target Grocery 2650 Broadway, Oakland, CA 94612
  • SAN/NAS 416 26th St, Oakland, CA 94612
  • Safeway 3747 Grand Ave, Oakland, CA 94610
  • Safeway 5100 Broadway, Oakland, CA 94611
  • Life and fresh 5100 Broadway Terrace, Oakland, CA 94611

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Leased grocery component within a historic, established retail operation on Piedmont Avenue.
Where is this grocery and convenience store located?
The property is located at 4040 Piedmont Ave Oakland, CA.
What are key features of this property?
This property features: Long‑term NNN lease with annual increases; Coterminous lease with the adjoining grocery portion; Offering includes the market’s meat department area
(415) 509-6276 Call to check price and availability
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