Retail Space for lease in Oakland

Why set up your retail space in Oakland? 

Oakland's diverse and growing population provides a significant customer base for retail businesses. Additionally, the city's location in the San Francisco Bay Area makes it accessible to a large regional market. The local government is also supportive of business growth, with initiatives and programs to assist and promote retail businesses. Furthermore, Oakland's vibrant and culturally rich neighborhoods offer a unique and engaging environment for retail establishments. Finally, compared to neighboring cities like San Francisco, the cost of retail space in Oakland is relatively affordable, allowing businesses to operate at a lower cost while still benefiting from the region's strong economy.

If you're looking to set up operations in Oakland, our Cushman & Wakefield team is ready to help you find the ideal retail space to suit your needs. 

How much does it cost to rent a retail space in Oakland?

The cost of renting a retail space in Oakland can vary widely depending on several factors, including the location, size, and condition of the space, as well as the current demand for retail space in the area. 

To read: our Oakland MarketBeat Retail report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. 

Are retail space rents likely to increase in Oakland?

Retail space rents in Oakland, like any other location, can fluctuate based on various factors such as market demand, local economy, and competition. However, Oakland has been experiencing a steady growth in its retail sector over the past few years, which may lead to an increase in retail space rents in the future. With its diverse and growing customer base, supportive local government, and strategic location in the San Francisco Bay Area, Oakland continues to be an attractive location for retail businesses, and as a result, retail space rents may increase in the long term.

What types of retail space are available for lease in Oakland? 

Oakland offers a diverse array of retail spaces to suit various business needs. From modern storefronts in bustling commercial districts to charming spaces in historic neighborhoods, retailers can find the perfect location to attract their target audience. Popular areas like Uptown, with its vibrant arts scene, and Jack London Square, known for its waterfront views and entertainment options, provide unique opportunities for businesses to thrive. Additionally, the Rockridge and Temescal neighborhoods offer a mix of boutique shops and trendy eateries, appealing to a diverse clientele. Each area presents distinct characteristics, allowing retailers to choose a space that aligns with their brand and customer base. 

What lease types are common for retail properties in Oakland? 

In Oakland, retail property leases typically come in several forms, each catering to different business models and financial strategies. The most common lease types include gross leases, where the tenant pays a fixed rent and the landlord covers most expenses, and net leases, where tenants are responsible for some or all property expenses such as taxes, insurance, and maintenance. Modified gross leases, a hybrid of the two, are also prevalent, offering flexibility by splitting certain costs between landlord and tenant. These lease structures provide options for businesses of all sizes, allowing them to select the arrangement that best suits their operational needs and financial goals. 

What is the average size of retail space for lease in Oakland? 

The average size of retail space available for lease in Oakland varies widely, accommodating a range of business types from small boutiques to larger retail chains. Spaces can range from compact units of a few hundred square feet, ideal for niche retailers or startups, to expansive areas exceeding several thousand square feet, suitable for anchor stores or flagship locations. This diversity in size allows businesses to find a space that fits their specific requirements, whether they are seeking a cozy spot in a bustling neighborhood or a larger footprint in a high-traffic commercial area. The flexibility in size options ensures that retailers can effectively plan their layout and operations to maximize customer engagement and sales potential. 

Popular neighborhoods in Oakland

Getting to and from Oakland

Oakland offers a range of transportation options for commuting, traveling, and getting around the city, making it a convenient location for businesses and residents alike. 

• By Car: Oakland is well-connected to major highways, including Interstate 880 and Interstate 580, making it easily accessible by car from surrounding cities and regions. 
• By Public Transit: Oakland has a robust public transit system, including buses, light rail, and ferries operated by agencies such as AC Transit, BART (Bay Area Rapid Transit), and Alameda/Oakland Ferry, providing convenient transportation within Oakland and to neighboring cities.
• Oakland International Airport (OAK): Oakland has its own international airport, located just 10 miles south of downtown Oakland, offering domestic and international flights to various destinations.
• Amtrak: Oakland is served by the Amtrak Capitol Corridor train service, connecting Oakland to other cities in the San Francisco Bay Area, as well as destinations further afield in California. 

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