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    1500-1600 Palos Verdes Mall Walnut Creek, CA 94597

    Sponsored
    For Lease
    $39 SF/Yr

    Walnut Creek retail center, multiple spaces available.

    Lot size:
    95,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A retail property, Palos Verdes Mall, offers a prime opportunity in Walnut Creek, CA. Located at 1500-1600 Palos Verdes Mall, at the intersection of Pleasant Hill Rd/Geary Rd & Camino Verde (APN 169-331-009-4), this 95,000 square foot neighborhood center boasts a strong tenant mix, including anchor tenants Lunardi's Market and Rite Aid. Built in 1962 and renovated in 2010, the mall is zoned Community Commercial (C-C) and offers multiple spaces for lease, ranging from a minimum of 1,674 square feet to a maximum contiguous space of 23,000 square feet. Currently, 26,895 square feet is available. The property benefits from its strategic location, just 1.5 miles west of I-680 and 2 miles north of Highway 24, providing excellent access and visibility. Serving the affluent communities of Walnut Creek, Lafayette, and Pleasant Hill, the mall enjoys a strong demographic profile, with 105,126 residents within a 3-mile radius and an average household income of $199,602. This is an ideal location for businesses seeking high-traffic exposure in a thriving market. The property's diverse zoning allows for various uses, including retail, restaurant, fitness, grocery, and banking. Contact us today to learn more about leasing opportunities.

    Property Features for 1500-1600 Palos Verdes Mall

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    95,000 SF
    Class
    A
    Total Rate
    308750

    Building Details

    Year Built/Renovated
    1962/2010

    Unit(s) available at that property

    Space
    Suite 1545
    Size
    2,221 SF
    Rate per SF
    $40
    Space
    Pad A
    Size
    23,000 SF
    Space
    1533A
    Size
    2,780 SF
    Rate per SF
    $39

    HighLights

    • High‑visibility corner lot at Pleasant Hill Road/Geary Road intersection in Camino Verde, ideal for community‑oriented businesses.
    • Pad site available at Palos Verdes Mall, anchored by Lunardi's and Rite Aid.
    • Vacant pad site offered via ground lease.
    • Excellent freeway access via I‑680 and Highway 24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -122.0876502
    Latitude
    37.9244656

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    FAQs

    What type of property is this?
    Individual retail property - Walnut Creek retail center, multiple spaces available.
    Where is this individual retail property located?
    The property is located at 1500-1600 Palos Verdes Mall Walnut Creek, CA.
    What is the lease rate?
    The lease rate is $0.00-$40 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner lot at Pleasant Hill Road/Geary Road intersection in Camino Verde, ideal for community-oriented businesses.; Pad site available at Palos Verdes Mall, anchored by Lunardi's and Rite Aid.; Vacant pad site offered via ground lease.
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    Realmo Value Estimation

    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.

    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.

    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
    1500-1600 Palos Verdes Mall Walnut Creek, CA 94597
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