Main Street Retail

Asset Overview

3850 Main Street in Oakley, California is a high-visibility commercial investment offering strong in-place income with long-term redevelopment upside. Situated on a large 0.98-acre (±42,689 SF) parcel, the property features a ±2,500 SF freestanding commercial building secured by a NNN lease with annual rent escalations. Priced at $800,000, the property delivers an attractive ~8.4% cap rate, making it a compelling opportunity for investors, 1031 exchange buyers, and future owner-users seeking both stability and upside in a growing East Bay market.

Market Location & Visibility

Located directly on Main Street in the heart of Oakley, this property benefits from exceptional frontage, daily traffic exposure, and convenient access from major thoroughfares. The surrounding area is experiencing rapid growth fueled by new housing developments, expanding retail demand, and ongoing infrastructure investment.

Oakley’s proximity to the Antioch BART extension and nearby regional employment centers positions this location for sustained long-term appreciation. The property sits within an active commercial corridor supported by both local residents and regional traffic, making it ideal for a wide range of business uses.

Site Configuration & Development Potential

The existing ±2,500 square foot freestanding structure is designed for flexible commercial use with a functional layout that supports retail, office, medical, or service-oriented businesses. The building is positioned on an expansive parcel, providing both strong street presence and significant future development potential.

Wide setbacks, clean site circulation, and commercial zoning allow for future repositioning, expansion, or full redevelopment as Oakley continues to mature as a key East Contra Costa County business hub.

Lease Structure & Income Profile

The interior layout of the building is well-suited for single-tenant occupancy and efficient operations. Open floor areas allow for flexible use, while private office areas and support spaces provide functionality for professional or service-based businesses.

With a NNN lease currently in place, the tenant is responsible for most operating expenses, offering the next owner a low-maintenance income stream with predictable cash flow through the current lease term.

Parking, Access & Lot Improvements

The property features a large, clean, and well-prepared lot with ample parking and excellent site access. Recent lot cleanup, refreshed curb appeal, and site preparation have already been completed, enhancing both functionality and overall market appeal.

The generous land area allows for future expansion, additional structures, or full redevelopment—an increasingly rare advantage for a property with existing income already in place.

Economic Growth & Tenant Demand

Oakley continues to attract residents and businesses seeking space, affordability, and strong quality of life within the greater Bay Area. With a rapidly growing population, increased housing development, and expanding retail demand, the city is quickly becoming a key commercial node in East Contra Costa County.

For investors and business owners alike, this property offers a strategic foothold in a city positioned for long-term economic growth and increasing commercial activity.

Investment Highlights

Asking Price: $800,000
Cap Rate: ~8.4% (Based on $5,575/month NNN rent)
Lot Size: ±42,689 SF (0.98 Acres)
Building Size: ±2,500 SF
Lease Term: Through 9/30/2027 with annual increases
Pre-Development Investment: Over $60,000 in architectural plans, studies, and reports completed
Zoning: Commercial – Retail, Office, Medical, and Mixed-Use Flexibility

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