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1900 Tice Valley Blvd Walnut Creek, CA 94595

OFF-MARKET Lifestyle centers Google Maps
120,531 SF 15.23 ac lot Built 1965
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents the chance to acquire the Rossmoor Shopping Center, a premier Class A, grocery-anchored neighborhood center located in Walnut Creek, California. The 120,531 square foot property boasts a 92.3% occupancy rate and features a diverse mix of 33 tenants, including prominent anchors such as Safeway and CVS Pharmacy. Built in 1965 and extensively renovated in 2020, the center comprises twelve single-story buildings situated on a 15.23-acre lot with 535 parking spaces. Its prime location at the intersection of Rossmoor Parkway and Tice Valley Boulevard provides excellent access to the affluent Rossmoor community. The property is zoned P-D and offers a highly secure cash flow stream, supported by a loyal customer base and strong tenant demand. This core investment presents a rare opportunity to acquire a well-established, high-performing retail center in a desirable Bay Area location with potential for future value appreciation. The property's strong tenant roster and established position within the community make it an attractive investment for discerning buyers seeking a stable and growing income stream. The center's convenient location and ample parking further enhance its appeal to both tenants and customers.

Property profile

Verified
Property type Lifestyle centers
Year built 1965
Total area 120,531 SF
Lot 15.23 ac (663,419 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Shopping Center & Mall
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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