234 Oak StBrentwood, CA 94513

Property Details for 234 Oak St

Year built

1993

Lot size

0.28 AC

Property size (Sq ft)

21,600 SF

Property type

Retail properties

Property subtype

Retail space

APN

013-110-017-4

APU

131100174

Description

This exceptional investment opportunity presents a prime commercial property located at 234 Oak Street in the heart of downtown Brentwood, California. The property sits on a sizable 0.28-acre lot and offers a substantial return on investment due to its strong tenant occupancy. Currently, the building houses a diverse mix of established and successful businesses, including La Fuente Mexican Restaurant, Sip & Scoop, and Brentwood Craft Beer & Cider, ensuring a consistent and reliable income stream. The property's central location within Brentwood's vibrant downtown area provides excellent visibility and accessibility, attracting a high volume of foot traffic and ensuring continued success for its tenants. This makes it an ideal investment for those seeking a stable and profitable addition to their portfolio. The property's existing tenant base demonstrates the strong demand for commercial space in this thriving area, promising continued growth and potential for future appreciation. This is a rare chance to acquire a well-established, multi-tenant commercial property in a highly desirable location. The asking price is $7,500,000. Serious inquiries only. Further details regarding the property's financials and lease agreements are available upon request. Don't miss this chance to secure a piece of Brentwood's dynamic downtown.

• CAP approach

  CAP return

  Valuation

  6%

  $14,665,042

  6.5%

  $13,536,962

  7%

  $12,570,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,978,530

  Geo Method

  $15,181,629

• Alternative Use

  Use

  Valuation

  Residential

  $11,418,934

  Hospitality

  $10,459,682

  Educational

  $8,702,333

  Medical

  $9,001,619

  Retail

  $13,536,962

Location Insight

City

Brentwood

County

Contra Costa

State

California

Latitude

37.9326

Longitude

-121.694

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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