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3384826
1273280

5801 Bridgehead Rd, Oakley, CA 94509

EP
CA 01255311
Marcus & Millichap - Oakland
Listed by Marcus & Millichap - Oakland
$2,155,000
2392 days on market
Updated 69 days ago

Oakley Contra Costa County 2.82 Acres of Commercial Land

Details
APN 051-052-108-1;051-052-106-5
Property Type Land
Sub Type Residential, Commercial (+1)
Broker Co-Op Yes
Acreage 2.820
Zoning General Commerical
Ownership Fee Simple

Flat parcel ready for commercial development with underground utilities and curb cuts in place

Marketing description

The Bridgehead Center is commercial land encompassing two lots covering a total of 2.82 acres in Oakley, California. Per public records, the commercial land totals approximately 122,839 square feet. Improvements mandated by the city of Oakley include sidewalks, gutters, curb cuts and underground utilities. There is an easement providing access to an 80-room Best Western Hotel adjacent to the subject property. The subject property is located at the first exit of State Route 160, a north-south corridor running from Oakley/Brentwood/Antioch to Sacramento. SR-160 intersects State Route 4, an east-west highway connecting the San Francisco Bay Area to the San Joaquin River Delta. This offering is situated is a tax friendly opportunity zone.

The neighboring properties are retail businesses and agricultural land. The immediate nearby properties are national brand gas stations such as Shell, AM/PM and Chevron. Other nearby tenants include Starbucks, Dutch Bros., McDonald’s, Carl’s Jr. and the aforementioned Best Western Hotel. An RV/Mobile home park are also adjacent to the site. One block away a Wendy’s is under construction. Across the street is new 118 room hotel has been approved by the Oakley planning department.

Less than 0.25 miles to the north of the acreage is the Contra Costa Logistics Center, a light industrial development covering 375.7 acres with a building footprint of over 2.2 million rentable square feet. Developer of the logistics center is nearly completed with leasing the property.

Another neighboring parcel is in planning for consideration of another industrial development project. This proposed project sits across the street from the site. It is over 200 acres and potentially going to be approximately 3,100,000 buildable sq. ft. City of Oakley hopes this will bring more opportunities to this area.

The city of Oakley has zoned these lots General Commercial. Permitted uses for the land include restaurants, construction equipment rentals, hotels, light manufacturing, health/fitness clubs, auto part stores, professional offices such as medical and dental. Many other businesses can locate here with conditional use permits. This commercial land is conveniently located for future development. Past development in the immediate vicinity has attracted many national tenants. The favorable zoning allows a developer to seek a wide variety of tenants in an area that continues to grow because it offers affordability, a variety of recreational activities and a well-planned community.

Investment highlights

  • Approximately 2.82 acres of commercial land in the path of development
  • Offering is situated in an tax friendly Opportunity Zone.
  • Located directly off of State Highway 160 near the Antioch Bridge
  • Immediate neighbors are Shell, AM/PM, Chevron, Starbucks, McDonalds, Carl's Jr., Best Western
  • A quarter mile from a last mile distribution 450K sq. ft. warehouse
  • Less than a half mile from a 2.2 million square foot light industrial development
  • Amazon is a tenant in the Oakley Logistics Center, the light industrial development
  • Lot is improved with utilities, sidewalks, gutters, curb cuts
  • Priced under $18/ft with off sites improvements

Listing Contacts

EP
CA 01255311
Marcus & Millichap - Oakland
Listed by Marcus & Millichap - Oakland

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Additional Information

Name
Adam Christofferson
License
CA 1240999
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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