Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1777 N California Blvd Walnut Creek, CA 94596

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $34 SF/Yr ($8,581 /Mo)

    Office space for lease near downtown and BART.

    Property size:
    3,011 SF
    Lot size:
    0.89 Acres

    Property Features for 1777 N California Blvd

    General Information

    Size
    3,011 SF
    Lot size
    0.89 Acres

    We can help!

    Listing Contact
    Chris Baker
    Chris Baker
    Source: Moodyscre

    Listing Agent: Chris Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Walnut Creek Office Space

    This office space is located within Century Plaza, a three-story building in downtown Walnut Creek. The building contains approximately 22,852 rentable square feet. The location provides walking distance access to downtown Walnut Creek and BART. Direct freeway access is available. Free secured parking is included. The first floor load factor is 29%, the second floor is 32%, and the third floor is 30%. The space offers a professional atmosphere.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gil Faust Loan Service Darrell Nelson at CrossCountry ... Loan Service Erik Oberbruner at CrossCountry ... Loan Service Randall Pickerell at CrossCountry ... Loan Service Jackie James at CrossCountry ... Loan Service

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walnut Creek
    County
    Contra Costa
    State
    California
    Longitude
    -122.0655693
    Latitude
    37.9033281

    Nearby Similar for Lease

    • Contact for pricing
      3,966 SF

      Prime Retail Space in Walnut Creek

      Desirable retail location in Walnut Creek's active downtown neighborhood.
      1556 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      3,957 SF

      Retail Building in Downtown Walnut

      3,957 SF retail building in a high-traffic downtown location.
      1401 Cypress St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      8,888 SF

      Walnut Creek Premier Office Space

      Multi-tenant office building with easy access to amenities and transport.
      390 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      2,176 SF

      Office Space Near Pleasant Hill BART

      Office space near BART, hotels, and dining with freeway access.
      2950 Buskirk Ave, Walnut Creek, CA 94597
      View Details
    • Contact for pricing
      43,702 SF

      Walnut Creek School/Lab Building

      43,702 SF school/lab building on 4.54 acres for rent.
      2730 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      1,264 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs available.
      2855 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      5,947 SF

      Premier Medical/Office Space Available

      Campus-style office space for rent with convenient amenities and access.
      350 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      1,136 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs and amenities.
      2815 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      1,696 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs available.
      2125 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $3 SF/Yr
      15,260 SF

      Downtown Walnut Creek Office/Retail Space

      Office and retail space in downtown Walnut Creek for lease.
      1375 Locust St, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      5,472 SF

      Walnut Creek Office Space Available

      Office space for rent with easy access to amenities.
      2890 N Main St, Walnut Creek, CA 94597
      View Details
    • $48 SF/Yr
      101,000 SF

      Walnut Creek Retail Center Opportunity

      ±101,000 SF Neighborhood Center, High Occupancy
      2226 Oak Grove Rd, Walnut Creek, CA 94598
      View Details

    FAQs

    What type of property is this?
    Office space - Office space for lease near downtown and BART.
    Where is this office space located?
    The property is located at 1777 N California Blvd Walnut Creek, CA.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Walking distance to downtown Walnut Creek; - Walking distance to BART; - Direct freeway access
    (925) 627-2888
    Request Owner's contact information
    1777 N California Blvd Walnut Creek, CA 94596
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1777 N California Blvd
    Walnut Creek, CA 94596
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1777 N California Blvd Walnut Creek, CA 94596
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Baker
    Chris Baker
    Real Estate License ID: 01334466
    (925) 627-2888 (925) 935-0770
    Learn more
    Google sign-in failed. Please try again or use another login method.