3850 Main Street Investment 3850 Main St 2,400 SF Retail Building Oakley, CA 94561 $1,186,532 CAD ($494.39 CAD/SF) 7.90% Cap Rate

Back on Market – 3850 Main Street, Oakley, CA – $850,000
High-Visibility Commercial Property | 7.9% Cap Rate | Income + Redevelopment Upside
Back on the market with recent lot improvements and a compelling value proposition. This 0.98-acre (±42,689 SF) commercial parcel includes a ±2,500 SF freestanding building secured by a NNN lease with annual rent escalations. At the adjusted $850K list price, the property delivers a strong ~7.9% cap rate—offering stable income today with significant long-term development potential in a rapidly growing East Bay submarket.
Property Highlights:
• Lot Size: ±42,689 SF (0.98 acres)
• Building Size: ±2,500 SF
• Cap Rate: ~7.9% (based on current NNN lease income of $5,575/month)
• Lease: Tenant in place through 9/30/2027 with annual increases
• Landlord Responsibilities: Minimal (NNN lease)
• Tenant Flexibility: Tenant open to early termination for owner-user opportunity
• Recent Upgrades: Lot cleanup, refreshed curb appeal, and site prep completed
• Pre-Development Work: $60,000+ invested in architectural plans, studies, and reports—ready for your vision
• Zoning: Commercial – flexible for retail, office, medical, or mixed-use
Why This is a Rare Find:
• Back on market with stronger income and improved presentation
• Attractive 7.9% cap rate paired with redevelopment upside
• Excellent Main Street frontage with high daily traffic counts
• One of Oakley’s last large commercial parcels—serving a city with surging population growth and retail demand
Location Advantage:
Oakley’s growth is fueled by new housing developments, infrastructure investment, and its proximity to the Antioch BART extension. This Main Street location provides maximum visibility and accessibility, positioning the property for sustained long-term value.
Asking Price: $850,000
Perfect for 1031 exchange buyers, investors seeking strong returns, or developers looking to capitalize on Oakley’s expansion. Income now, upside later—opportunities like this don’t last.