Retail Anchor Nec Cypress Rd & Sellers Ave Oakley, CA 94561
- Lifestyle centers
- 27,524 SF
Current Use by Public Records
- Lifestyle centers
Property Details for Retail Anchor Nec Cypress Rd & Sellers Ave
- Property size
- 27,524 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 27,524 square foot retail building, situated on a 0.75-acre lot in Orange County's Emerson Ranch Shopping Center, presents a unique investment opportunity. Located at the intersection of E. Cypress Rd and Sellers Ave, this single-tenant space boasts high visibility with approximately 13,000 vehicles passing daily. The property is part of a thriving new development, surrounded by over 4,000 existing homes and projected growth of another 3,000 by 2030, ensuring a strong and expanding customer base. The Emerson Ranch Shopping Center is strategically positioned as the only commercial project on Oakley's East side, making it the primary destination for the community. This development includes a Shell gas station with a Loop market and car wash, a quick-service restaurant with a drive-thru, a stand-alone restaurant/retail pad, and approximately 10,000 square feet of in-line retail space. The building is available for lease with a 120-month term at a rate of $36 per square foot annually. The space is demisable to 9,000 square feet and will be delivered as a cold, raw shell in Q1 2025. All on-site and off-site improvements will be completed by the developer. This presents a rare chance to secure a prominent retail location in a rapidly growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakley
- County
- Orange
- State
- California
- Longitude
- -121.677
- Latitude
- 37.9907