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    Leased Retail Strip Center Title is generated by Realmo AI

    2141 North Broadway, Walnut Creek, CA 94596

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    Fully leased retail strip center anchored by Big O Tires, offering an income-producing tenant lineup for investors.

    Type:Retail, Industrial
    Property size:
    21,802 SF
    Price / SF:
    $417/SF
    Added:
    Jun 8, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 20 at 8:49 am

    Property Features for 2141 North Broadway

    General Information

    Standard status
    Active
    Size
    21,802 SF
    Property subtype
    Retail, Industrial

    Building Details

    Year Built
    1979

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    Listing Contact
    Lindsey Snider
    Lindsey Snider

    Listing agent Lindsey Snider License #CA 01443387

    Listing office Fisher James Capital

    Listing date Jun 8, 2026

    Source Crexi

    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 Fisher James Capital

    HighLights

    • Fully leased retail strip center anchored by Big O Tires
    • Year built: 1979
    • Income‑producing tenant lineup with retail strip center configuration

    Overview

    This offering is a fully leased retail strip center anchored by Big O Tires. The property is presented as a retail strip configuration built to support multiple tenants within a single center, with occupancy already in place at the time of sale.

    The center is located at 2141 North Broadway in Walnut Creek, positioned as an infill site adjacent to downtown Walnut Creek within the San Francisco Bay Area. The public remarks also note that the property is served by shorter lease terms, which can be an important consideration for future tenant or operating flexibility.

    For buyers seeking a retail asset with established tenancy, the anchored structure and current full occupancy may align well with ownership strategies focused on day-to-day cash flow and managed lease rollover. The Big O Tires anchor provides a tangible tenant anchor within the center, while the noted shorter lease terms may appeal to investors who plan to evaluate future leasing and renewals over time. This is being offered for sale as a complete, income-producing retail strip center.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $850.3k $39.00
    − Vacancy −$53.8k −$2.47
    EGI $796.5k $36.53
    − OpEx −$238.9k −$10.96
    NOI $557.5k $25.57
    21,802 SF · lease $39.00/SF/yr · vacancy 6.33% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $7.96M
    $6.97M – $9.29M (±1% cap)
    NOI $557,519 @ 7.0% cap · market cap 6.13%
    Second Best
    Industrial
    $4.62M
    $4.04M – $5.39M (±1% cap)
    NOI $323,557 @ 7.0% cap · market cap 3.56%
    Theoretical Best
    Office A
    $8.24M
    $7.21M – $9.61M (±1% cap)
    NOI $576,881 @ 7.0% cap · market cap 6.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    10-4 Tow Of Walnut ... Auto Repair Shop Canseco's Autobody Auto Repair Shop Canseco Auto Body Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Building Supply Law Firm Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    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
    -122.0622649
    Latitude
    37.9092812

    FAQs

    What type of property is this?
    Strip mall - Fully leased retail strip center anchored by Big O Tires, offering an income-producing tenant lineup for investors.
    Where is this strip mall located?
    The property is located at 2141 North Broadway Walnut Creek, CA.
    What is the asking price?
    The asking price for this property is $9,098,000.
    What are key features of this property?
    This property features: Fully leased retail strip center anchored by Big O Tires; Year built: 1979; Income‑producing tenant lineup with retail strip center configuration
    More about this property
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