1675 Willow Pass Rd Concord, CA 94520

Property Details for 1675 Willow Pass Rd

Year built

1956

Lot size

1.15 lot acres

Property size

101,747 SF

Zone code

DB

Property type

Super regional malls

APN

126-281-009-4

APU

1262810094

Description

This Concord, CA retail property offers a compelling value-add investment opportunity. The 99,721 square foot storefront, situated on a 5.37-acre lot at 1675 Willow Pass Road, currently boasts a 38% occupancy rate with JoAnn Fabric and Craft as the primary tenant, whose lease expires January 31, 2027 (2.2 years remaining). The property features a two-story building with 325 parking spaces and is zoned DMX - Downtown Mixed Use. The property's location within the Park and Shop Shopping Center provides excellent visibility and access to major thoroughfares, including Willow Pass Road and Market Street, with convenient access to Highway 680. The existing lease includes one 5-year option and one 2-year option. The substantial building size and prime location within a thriving retail center present a significant opportunity to increase cash flow through leasing the vacant space to new tenants. The limited availability of comparable retail space in the Concord area suggests strong rental demand. The property's Net Operating Income (NOI) is $1,085,508. This fee-simple ownership offers a rare chance to acquire a significant retail asset in a highly desirable Contra Costa County location. The property's APN is 126-281-009-4

Location Insight

City

Concord

County

Contra Costa

State

California

Longitude

-122.043

Latitude

37.9736

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments