Fully Leased Retail
For Sale
Contact for pricing
1512 Sunnyvale Ave, Walnut Creek, CA 94597
Five-tenant center with service, restaurant, and retail businesses at a signalized corner with dedicated parking.
Property Size8,472 SF
Price / SF$625.59
Days on Market66
Property Features for 1512 Sunnyvale Ave
General Information
Standard status
Active
Size
8,472 SF
Total Parking Spaces
31
Property subtype
RETAIL
Occupancy
100%
Site & Location
Corner Location
Yes
Traffic Count
33,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Newmark | Walnut Creek
(925) 974-0100
Listed By:
Forrest Gherlone · License #01376723
(925) 974-0237
Source:
Moodyscre
Added: Aug 17
Changed: Oct 10
Last Checked: Oct 21 at 12:24AM
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 Newmark | Walnut Creek
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Investment Insights
Based on property information with market context.
This 8,472-square-foot shopping center is fully leased to five tenants representing service, restaurant, and retail uses. The property includes an on-site surface parking lot with 31 stalls, supporting customer access for the existing tenant mix.
Located at 1512 Sunnyvale Ave in Walnut Creek, the center occupies a signalized intersection with exposure to more than 33,000 average daily vehicles. The property also offers access to I-680. Household incomes exceed $160,000 within a 3-mile radius.
Located at 1512 Sunnyvale Ave in Walnut Creek, the center occupies a signalized intersection with exposure to more than 33,000 average daily vehicles. The property also offers access to I-680. Household incomes exceed $160,000 within a 3-mile radius.
Key Highlights
- 8,472‑square‑foot shopping center
- Fully leased to five service, restaurant, and retail tenants
- 31‑stall on‑site surface parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$216,645
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,332,900
$4.3M
Cap Rate 7%
$3,094,929
$3.1M
Cap Rate 9%
$2,407,167
$2.4M
Market Conditions
NOI Build-Up for 8,472 SF
Gross rent
$330.4K $39.00/SF
− Vacancy
−$20.9K −$2.47/SF
EGI
$309.5K $36.53/SF
− OpEx
−$92.8K −$10.96/SF
NOI
$216.6K $25.57/SF
Area
Contra Costa County, CA
Vacancy
6.33%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,332,900
Cap Rate 7%
$3,094,929
Cap Rate 9%
$2,407,167
Alternative Uses
Best Use
Retail
$3.09M
$2.71M – $3.61M
NOI $216,645 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M
NOI $224,169 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
33,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
261k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 47%
Shops & Services 25%
Groceries 18%
Hotels & Casinos 10%
Chick-fil-A
Dining
57,904 visits/mo
0.3 miles
Sprouts Farmers Market
Groceries
26,827 visits/mo
0.1 miles
Wendy's
Dining
21,111 visits/mo
0.1 miles
BevMo!
Groceries
18,972 visits/mo
0.2 miles
Chevron
Shops & Services
16,886 visits/mo
0.2 miles
Demographics for 94597, CA
23,661
Population
11,262
Households
2.1
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
5,771
Density / Sq Mi
$142,685
Median Household Income
$79,278
Median Earnings
$2,557
Median Rent
$986,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Five-tenant center with service, restaurant, and retail businesses at a signalized corner with dedicated parking.
Where is this shopping center located?
The property is located at 1512 Sunnyvale Ave Walnut Creek, CA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 8,472‑square‑foot shopping center; Fully leased to five service, restaurant, and retail tenants; 31‑stall on‑site surface parking lot
