2170 Main St - Freestanding FOR SALE


Oakley, CA 94561
$4,830,000 USD
415-625-2180
2170 Main St, Oakley, CA for Sale
$4,830,000 USD
Freestanding - FOR SALE
1/5
null | 6.25% Cap Rate

2170 Main St
Oakley, CA 94561


OVERVIEW

Main Street Shops is a seven-unit retail building located along the primary retail corridor in Oakley, California (San Francisco Bay Area MSA). The building, consisting of 10,867 rentable square feet and situated on a 1.07-acre parcel, features a synergistic and service oriented tenant mix — occupied by Willy’s Bagels & Blends, Little Caesars Pizza, Ridgewater Real Estate Services, Oakley Orthodontics, Picante Mexican Grill, Pristine Dental Care, and a nail salon. The subject property benefits from heavy vehicle traffic along Main Street, and is less than one mile from Big Break Regional Shoreline, which offers biking, boating, kayaking, sailing, fishing, and hiking activities. Main Street Shops is positioned across the street from the Raley’s and Dollar Tree-anchored Cypress Square Shopping Center and one-mile from Oakley City Hall. The property is accessed via double-wide curbcuts on Main Street and Carol Lane, and features monument signage along Main Street, displaying each of the tenants occupying the property. This retail offering provides an investor a seasoned strip shopping center asset, built in 2007, with stable day-one cash flow that is competitive with any commercial offering in Northern California of its kind.

FOR SALE DETAILS

PRICE

$4,830,000 USD

PRICE/SF

$444 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,609 SF

ZONING

-

APN/PARCEL ID

037-142-008-4

ASK ABOUT THIS PROPERTY

Quentin CarusoMarcus & MillichapMore Info
415-625-2180

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Quentin CarusoMarcus & MillichapMore Info
415-625-2180

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.