Retail 1 & 2 Nec Cypress Rd & Sellers Ave Oakley, CA 94561
This exceptional commercial opportunity presents two new retail buildings totaling 10,542 square feet within the burgeoning Emerson Ranch Shopping Center in Oakley, California. Building 1 offers 6,338 square feet, while Building 2 provides 4,204 square feet, each featuring a plaza. Both buildings boast prominent frontage on major roadways, experiencing approximately 13,000 vehicles per day at the intersection. Located in Contra Costa County, zip code 94561, this development is strategically positioned amidst over 4,000 existing homes, with an anticipated increase of 3,000 more by the end of the decade, ensuring high visibility and substantial foot traffic. The Emerson Ranch Shopping Center is the only commercial project on Oakley's East side, already anchored by a grocery store, big-box retailers, a Shell gas station with a Loop market and car wash, a quick-service restaurant with a drive-thru, and a stand-alone restaurant/retail pad. Approximately 10,000 square feet of additional in-line retail space complements this thriving center. Each building is available for lease on a 120-month term at a rate of $42 per square foot annually. The spaces are demisable to 1,000 square feet and will be delivered as a cold, raw shell in Q1 2025. The lot size for each building is approximately 0.75 acres. On and off-site improvements will be completed by the developer. This is an unparalleled chance to establish a presence in a rapidly expanding community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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