Bridgehead Rd - Opportunity Zone Development-SF Bay Area

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. Property is located in an 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. A Wendy's is under construction and a 118 room hotel across the street from the subject property was just approved. An RV/Mobile home park are also adjacent to the site. Less than 0.25 miles to the north of the acreage is the Contra Costa/Oakley Logistics Center, a light industrial development covering 375.7 acres with a building footprint of over 2.2 million rentable square feet. The Contra Costa/Oakley Logistics Center has been approved by the city of Oakley and the whole project is currently being built out by the developer. Amazon, a tenant, in the development has occupied an 154K sq. ft. warehouse since October 2020. In December 2024 city of Oakley announced another industrial development named the Bridgehead Industrial Project. It is pending approval from the city for approximately 3,100,000 sq.ft. situated on just over 200 acres. 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, professional offices such as medical and dental, and auto part stores. Many other businesses can locate here with conditional use permits. The parcels have been identified as potential housing in Oakley's affordable housing overlay plan. This commercial land is conveniently located for future development. Adjoining development 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.