1500-1530 Main St Walnut Creek, CA 94596
- Retail properties
- 6,056 SF
Current Use by Public Records
- Retail properties
Property Details for 1500-1530 Main St
- Property size
- 6,056 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Walnut Creek
- County
- Contra Costa
- State
- California
- Longitude
- -122.057
- Latitude
- 37.8903
