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Property profile & analytics
OFF-MARKET Estimated value $4,190,000
Retail space

2170 Main St Oakley, CA 94561-3350

10,734 SF 1.07 ac lot Built 2006
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1737286
Property summary
AI-generated overview

This exceptional seven-unit retail shopping center, totaling 10,867 square feet, is ideally situated on Main Street in Oakley, California, within the East San Francisco Bay Area. Built in 2007, this fee-simple property boasts 100% occupancy with a diverse tenant mix including Willy's Bagels & Blends, Little Caesars Pizza, Ridgewater Real Estate Services, Oakley Orthodontics, Picante Mexican Grill, Pristine Dental Care, and a nail salon. The property generates a strong net operating income (NOI) of $301,971, with a pro-forma NOI of $309,801, representing a 6.25% cap rate and a pro-forma cap rate of 6.41%. The asking price is $4,830,000, translating to a price per square foot of $444.46. Conveniently located on a 1.07-acre parcel, the center benefits from high visibility and ample parking (59 spaces), accessed via double-wide curbcuts on Main Street and Carol Lane. Prominent monument signage showcases all tenants. The property's location is less than one mile from Big Break Regional Shoreline and across the street from a shopping center anchored by Raley's and Dollar Tree, ensuring consistent foot traffic. Rent bumps are included in the lease agreements, providing future income growth potential. This investment opportunity presents a seasoned, stable, and high-performing retail asset with significant upside. The property offers a compelling combination of strong cash flow, desirable location, and a diverse tenant base, making it an attractive investment in the thriving Northern California market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Total area 10,734 SF
Lot 1.07 ac (46,696 SF)
APN 037-142-008-4
UPID US09-1737286
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Center for implant Dentistry Dental Office
  • Taquiza Limon Restaurant
  • Kurt Voorhies - Agentry Real Estate Real Estate Agency
  • Wells Fargo ATM Atm
  • Willy’s Bagels & Blends (Bike/Boat/Book/etc) Store Bakery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.23M
Comparable Approach Comparable
$3.25M
Blend (final) Blend
$4.19M
Owner & transaction history
Main Street Oakley LLC · 1 yrs held
Main Street Oakley LLC
since 2024
Last sale
$4.6M
7 recorded transactions
2024
$4.6M
2020
Price N/A
2017
Price N/A
2016
Price N/A
2015
Price N/A
2014
$200,000
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.7M +81.7%
Medical building $3.9M +51.0%
Commercial (general) $3.7M +44.7%
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