Property profile

1601 North Main St Walnut Creek, CA 94596

FOR LEASE
Retail space
Property ID
US09-1500131
9,358 SF 0.19 ac lot Built 1968
Trust Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 9,636 square foot retail property, located at 1601 N Main St in Walnut Creek, California (zip code 94596), presents a unique opportunity for a restaurant operator. Currently configured as a single-tenant space, the property boasts 619 square feet of immediately available space. The building is situated in Contra Costa County and offers a convenient location within Walnut Creek's vibrant commercial district. The property's attractive features include water, exterior maintenance, and property expenses all included in the rental rate. This is an ideal location for a restaurant seeking a well-established area with high foot traffic and visibility. The existing layout provides a solid foundation for a variety of restaurant concepts, allowing for customization to suit specific operational needs. The 9,636 square foot total building size offers potential for expansion or additional uses, subject to local regulations and approvals. This turnkey opportunity combines a desirable location with a competitive rental structure, making it an exceptional investment for the right business. The property is easily accessible and benefits from excellent visibility along North Main Street. Serious inquiries are encouraged to explore this promising commercial real estate offering. Contact us today to schedule a viewing and discuss the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1968
Total area 9,358 SF
Lot 0.19 ac (8,195 SF)
APN 178-220-005-7
UPID US09-1500131

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architect
  • Charitable Organization Advocacy Group
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • General Contractor Renovation Specialist
  • Hair Salon Nail Salon

Location

1601 North Main St Walnut Creek, CA 94596
Walnut Creek metro Census 339003 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.67M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2000
Price N/A
1967
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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