Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2226 Oak Grove Rd Walnut Creek, CA 94598

    Sponsored
    For Lease
    $48 SF/Yr

    ±101,000 SF Neighborhood Center, High Occupancy

    Lot size:
    101,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Citrus Marketplace, located at 2226 Oak Grove Rd, Walnut Creek, CA 94598, presents a compelling investment opportunity in a thriving Contra Costa County neighborhood. This ±101,000 square foot, single-story neighborhood shopping center boasts a strong tenant roster, including Club Studio, BevMo!, Leslie’s Pool Supply, The United States Post Office, Arthur Murray Dance Studio, and soon-to-open Ukai Bistro and Panda Express. The property sits on an expansive 11.4-acre lot and offers ample parking with 494 spaces. Built in 1973, the center is currently 91% occupied, with approximately 900 square feet of vacant space available. Its prime location in Walnut Creek, with convenient access via Shadelands Dr, ensures high visibility and accessibility for both tenants and customers. The property's established tenant mix and substantial size make it an attractive prospect for investors seeking a stable, income-generating asset in a desirable California market. The existing tenants represent a diverse range of businesses, contributing to a robust and well-rounded shopping experience. The potential for future growth and development further enhances the investment potential of this exceptional retail property. This is a rare opportunity to acquire a well-established, high-performing neighborhood center in a prime Walnut Creek location.

    Property Features for 2226 Oak Grove Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,000 SF
    Total Rate
    404000

    Building Details

    Year Built
    1973
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    900 SF
    Rate per SF
    $48

    HighLights

    • Excellent highway visibility and access via Metro.
    • Standard building signage opportunities available.
    • High daily traffic count of 24,000 vehicles.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -122.0166116
    Latitude
    37.9297277

    Nearby Similar for Lease

    • Contact for pricing
      3,966 SF

      Prime Retail Space in Walnut Creek

      Desirable retail location in Walnut Creek's active downtown neighborhood.
      1556 Mt Diablo Blvd, Walnut Creek, CA 94596
      View Details
    • Contact for pricing
      3,957 SF

      Retail Building in Downtown Walnut

      3,957 SF retail building in a high-traffic downtown location.
      1401 Cypress St, Walnut Creek, CA 94596
      View Details
    • $2 SF/Yr
      8,888 SF

      Walnut Creek Premier Office Space

      Multi-tenant office building with easy access to amenities and transport.
      390 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • $2 SF/Yr
      2,176 SF

      Office Space Near Pleasant Hill BART

      Office space near BART, hotels, and dining with freeway access.
      2950 Buskirk Ave, Walnut Creek, CA 94597
      View Details
    • $7,000,000
      43,702 SF

      Walnut Creek School/Lab Building

      43,702 SF school/lab building on 4.54 acres for rent.
      2730 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • $2 SF/Yr
      1,264 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs available.
      2855 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • $2 SF/Yr
      5,947 SF

      Premier Medical/Office Space Available

      Campus-style office space for rent with convenient amenities and access.
      350 N Wiget Ln, Walnut Creek, CA 94598
      View Details
    • $2 SF/Yr
      1,136 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs and amenities.
      2815 Mitchell Dr, Walnut Creek, CA 94598
      View Details
    • $2 SF/Yr
      1,696 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build outs available.
      2125 Oak Grove Rd, Walnut Creek, CA 94598
      View Details
    • $2.00 SF/Yr
      5,472 SF

      Walnut Creek Office Space Available

      Office space for rent with easy access to amenities.
      2890 N Main St, Walnut Creek, CA 94597
      View Details
    • $2 SF/Yr
      9,821 SF

      Walnut Creek Office Space Available

      Competitively priced office spaces with turnkey build-outs in Walnut Creek.
      2820 Shadelands Dr, Walnut Creek, CA 94598
      View Details
    • Contact for pricing
      3,251 SF

      Retail Space in Walnut Creek

      Prime retail spaces in a vibrant downtown Walnut Creek location.
      1525 Locust St, Walnut Creek, CA 94596
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - ±101,000 SF Neighborhood Center, High Occupancy
    Where is this neighborhood center located?
    The property is located at 2226 Oak Grove Rd Walnut Creek, CA.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: Excellent highway visibility and access via Metro.; Standard building signage opportunities available.; High daily traffic count of 24,000 vehicles.
    Request Owner's contact information
    2226 Oak Grove Rd Walnut Creek, CA 94598
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2226 Oak Grove Rd
    Walnut Creek, CA 94598
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2226 Oak Grove Rd Walnut Creek, CA 94598
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.