Korean BBQ Restaurant
For Sale
Contact for pricing
1353 Willow Pass Road, Concord, CA 94520
The sale includes the land and building under a corporate-guaranteed absolute NNN lease.
Property SizeContact for details
Days on Market145
Property Features for 1353 Willow Pass Road
General Information
Standard status
Active
Property subtype
Retail, Land
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 6:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The offering consists of the fee simple interest in a Korean BBQ restaurant property, including both the land and building. The site is leased on an absolute NNN basis with no landlord responsibilities, and the corporate-backed lease has a 15-year initial term plus three 5-year extension options. Contractual rent increases of 10% occur every 5 years during the initial term and at each option commencement.
The restaurant occupies a signalized corner at Willow Pass Road and Waterworld Parkway, where the intersection carries a combined 39,200 VPD. California State Route 242 on- and off-ramps are less than half a mile away and report 114,000 VPD. The surrounding retail corridor contains more than 1,500,000 square feet of retail, with The Veranda less than 1 mile from the property and Six Flags Hurricane Harbor less than 2 miles away.
Additional surrounding demand drivers include the BevMo headquarters directly across the street and Diablo Valley College, located less than 2 miles away, with 22,000 enrolled students. The 5-mile trade area includes more than 259,000 residents and an average household income of $112,000.
The restaurant occupies a signalized corner at Willow Pass Road and Waterworld Parkway, where the intersection carries a combined 39,200 VPD. California State Route 242 on- and off-ramps are less than half a mile away and report 114,000 VPD. The surrounding retail corridor contains more than 1,500,000 square feet of retail, with The Veranda less than 1 mile from the property and Six Flags Hurricane Harbor less than 2 miles away.
Additional surrounding demand drivers include the BevMo headquarters directly across the street and Diablo Valley College, located less than 2 miles away, with 22,000 enrolled students. The 5-mile trade area includes more than 259,000 residents and an average household income of $112,000.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities
- 15‑year initial lease term plus 3 5‑year extension options
- 10% rent increases every 5 years during the initial term and at each option period
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,405
Businesses Nearby
547k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 16%
Home Improvements & Furnishings 15%
Groceries 12%
The Home Depot
Home Improvements & Furnishings
68,146 visits/mo
0.5 miles
Seafood City
Groceries
64,420 visits/mo
0.4 miles
Chick-fil-A
Dining
59,405 visits/mo
0.3 miles
Yard House
Dining
49,869 visits/mo
0.3 miles
Hobby Lobby
Shops & Services
33,192 visits/mo
0.2 miles
Demographics for 94520, CA
38,383
Population
13,661
Households
2.8
Avg Household Size
35
Median Age
30%
College-Educated
79%
High-School Grad
9.9 sq mi
ZIP Area
3,877
Density / Sq Mi
$79,790
Median Household Income
$43,382
Median Earnings
$2,118
Median Rent
$572,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Shabuya — 2025 Diamond Blvd f150, Concord, CA 94520
- China Wall Buffet — 1673 Willow Pass Rd, Concord, CA 94520
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The sale includes the land and building under a corporate-guaranteed absolute NNN lease.
Where is this conventional restaurant located?
The property is located at 1353 Willow Pass Road Concord, CA.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities; 15‑year initial lease term plus 3 5‑year extension options; 10% rent increases every 5 years during the initial term and at each option period
