Property summary
This exceptional 3,184 square foot restaurant space is ideally situated within the Emerson Ranch Shopping Center in Oakley, California. Located at the intersection of Cypress Road and Sellers Avenue, this single-tenant property boasts high visibility and accessibility, benefiting from approximately 13,000 vehicles per day passing the intersection. The 0.75-acre lot offers ample space for outdoor seating, complementing the planned indoor dining area. The property is part of a thriving commercial development surrounded by over 4,000 existing homes, with an additional 3,000 homes projected by the end of the decade, ensuring a robust and growing customer base. Emerson Ranch Shopping Center is anchored by a grocery store and other big-box retailers, including a Shell gas station with a Loop market and express car wash, creating a strong synergy and attracting significant foot traffic. This space is designed for a restaurant with a drive-thru pad, and on and off-site improvements will be completed by the developer. The lease term is 180 months, with a rate of $48 per square foot per year. Delivery is anticipated in Q1 2025. This presents a unique opportunity to establish a successful restaurant business in a rapidly expanding community.
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