1500-1530 Main St Walnut Creek, CA 94596
This exceptional mixed-use investment opportunity in Walnut Creek, California, presents two buildings totaling 6,056 square feet on a 11-space parking lot. Situated at the highly visible, signalized corner of South Main Street and Lilac Drive, this property enjoys exceptional visibility and accessibility. The location benefits from its proximity to Las Lomas High School (with over 2,500 students and 100+ staff), Kaiser Permanente (Walnut Creek's largest employer), and a well-balanced mix of residential and commercial development, ensuring consistent daytime and nighttime traffic. The property boasts a quiet, park-like setting backing onto San Ramon Creek. Zoned C-R (Central Retail), this versatile property offers flexible usage options for storefront and creative office spaces. Convenient access to I-680 and CA-24 freeways further enhances its appeal. With over 18,000 vehicles passing daily on South Main Street, this property offers significant exposure and potential. The asking price is $3,350,000, representing a 5.60% cap rate and a price per square foot of $626. This is a NNN lease, multi-tenancy property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.