Antioch, CA Economic Overview
Antioch is located in Contra Costa County and is a suburb of both Sacramento and Oakland. Home to over 114,000 residents, the city is the second-largest in the County and is located about 36 miles east of Oakland and the San Francisco East Bay Area. The commercial real estate market in Antioch is driven by the city's strategic focus on redevelopment and it's affordable cost of doing business compared to its larger neighbors to the west.
Antioch is home to a diverse resident base of professionals and skilled workers. With easy access to the San Francisco East Bay region, Sacramento, and the Central Valley, the city offers a plentiful array of commercial and cultural facilities without the high price tag of Oakland and the Bay Area.
With a median household income of over $64,300/year, the economic growth in Antioch remains strong. Over the past 12 months, household income in the city has remained stable, while the number of employees in Antioch has increased by nearly 2%.
Antioch, CA Commercial Real Estate Market
Antioch's commercial real estate market provides businesses with a lower cost base, while still being strategically located close to San Francisco, Oakland, Sacramento, and the Central Valley of California.
The City of Antioch is committed to creating a vibrant community that attracts and retains business and residents alike. The city partners with the Chamber of Commerce, the Contra Costa Council, and a variety of other regional business organizations to promote the Antioch office market as a premier environment for business.
Antioch uses a multifaceted approach to attract retail, revitalize the downtown area, attract and keep businesses, and grow the employment base for the community. There are four development hubs in Antioch: Downtown, Sommersville, Sandcreek, and the BART/Hillcrest metro stop.
One of the most dynamic development initiatives in Antioch is the Northern Waterfront project. Located just east of Downtown, along 50 miles of shoreline and encompassing 28,000 acres, the project involves the revitalization of Antioch's historic industrial waterfront which contains over 60% of Contra Costa County's industrial zoned land.
The Northern Waterfront development in Antioch aims to create over 18,000 new jobs within the next 20 years. Antioch is utilizing a multi-pronged economic development strategy that includes expanding imports & exports, advanced manufacturing process improvements, and improving goods movement along rail, trucking, and marine freight corridors. Industries targeted by the Northern Waterfront include clean technology, transportation fuels, diversified manufacturing, food & beverage processing, and life sciences.
Commercial development along Wilbur Avenue in Antioch is another center of investment. The area is zoned for heavy industrial use and includes a pier along the San Joaquin River to support international shipping, along with access to nearby freight rail. The area has easy access to Highway 4 and is one of the largest deep water sites in the San Francisco East Bay region, and is attractive to logistical and industrial users. The new Antioch BART station is less than one-half mile from the area, as well.
Antioch, CA Commercial Inventory Breakdown
Total: 566,811 SF
By square footage range:
- 50k to 100k SF: 168,516 SF / 29.73% of total office
- 100k to 500k SF: 398,295 SF / 70.27% of total office
- Class B: 566,811 SF / 100% of total office
Employment in Antioch, CA
Job growth in Antioch has increased by nearly 2% over the past year, with over 46,000 people coming into the city to work every day. Nearly 48% of the labor force works in the areas of management, administration, sales, production, and construction & extraction.
Major employers in Antioch include:
- Kaiser Permanente with over 2,200 employees;
- Antioch Unified School District with over 1,800 workers;
- Sutter Delta Medical Center with 1,200 people;
- Contra Costa County Social Services with nearly 600 workers;
- Walmart with over 300 employees;
- City of Antioch with over 300 employees;
- Target with over 250 workers;
- Antioch Auto Center with over 220 people.
Education in Antioch, CA
Public schools in Antioch are operated by the Antioch Unified School District, which is responsible for the numerous elementary schools, four middle schools and three high schools in the city. Private schools located in Antioch include Heritage Baptist Academy, Delta Christian High School, Holy Rosary Elementary School, and Antioch Christian School.
Colleges and universities near Antioch include Los Medanos College, Heald College Concord, ITT Technical Institute Concord, Saint Mary's College of California, Holy Names College, Mille College in Oakland, and the California College of the Arts in Oakland.
Commuting Time in Antioch, CA
Because Antioch is a suburban bedroom community of both Oakland and the San Francisco Bay Area, the average commuting times in Antioch are lengthy. The commute in Antioch averages 41 minutes, over 65% longer than the national average. In addition, almost 14% of the workforce has a super commute of 90 minutes or more, while 16% choose to carpool and nearly 8% use some form of public mass transit.
Both residents and businesses in Antioch have access to a wide variety of transportation options:
- The State Route 4 freeway via I-80 connects Antioch to the San Francisco Bay Area, while I-5 connects the city to Stockton, and State Route 160 to Sacramento.;
- Rail service in Antioch is provided by both Amtrak and the Bay Area Rapid Transit system.;
- Bus service in the city is provided by Tri-Delta Transit.;
- Commercial airports serving Antioch are the Oakland International Airport, the San Francisco International Airport, the San Jose International Airport, the Sacramento International Airport, and the Stockton Metropolitan Airport.
- Total Population107,501
- Male Population(49.0 %) 52,634
- Female Population(51.0 %) 54,867
- Median Age35.20
- Average Household Income$77,771
- Median Household Income$64,329
- Median Income Under 25$36,550
- Median Income 25-44$59,362
- Median Income 45-64$80,589
- Median Income Over 65$42,384
Facebook Saw San Francisco’s 181 Fremont and Liked It
September 21, 2017
Facebook’s office footprint just grew by another 435,000 square feet, which the social media company will occupy in San Francisco‘s new skyline celebrity – the 181 Fremont tower. Jay Paul Co.’s 70-story development topped off last December and is expected to open by the end of this year, as the ...
California Q3 Office Report—Sales Drop Across the Board
October 31, 2017
Executive Summary California Q3 overview—San Diego, only market to register an increase in office sales Top Q3 transactions in each market Los Angeles sales drop 55% Y-o-Y San Diego investment picks up steam Bay Area sales dip below $1 billion Orange county prices reach five-year high San Franc...
San Francisco‘s Transbay Joint Powers Authority has selected Lincoln Property Co. as the asset manager of the multibillion Transbay Transit Center that is still under construction at 200 Folsom Street, in Yerba Buena. Following a competitive request for proposal (RFP) process, Lincoln was tapped...
CommercialCafé is your first and only stop when it comes to commercial real estate leasings in Antioch, CA. Search through our extensive selection of commercial properties for lease with current space availability in the area ranging between 11369 square feet and 38669 square feet. Discover the right property from our 96 listings by using our advanced search function, which includes search by property type, space availability, management company, lease rates, and more.