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2242 Oak Grove Rd Walnut Creek, CA 94598

OFF-MARKET Neighborhood centers Google Maps
101,000 SF Built 1973
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Citrus Marketplace, located at 2242 Oak Grove Rd, Walnut Creek, CA 94598, presents a compelling retail investment opportunity. This ±101,000 square foot neighborhood shopping center sits on an expansive 11.4-acre lot and boasts a strong tenant roster. Built in 1973, the single-story building offers ample parking with 494 spaces. Currently, there is 1,300 square feet of vacant space available, ideal for a variety of retail uses. The center enjoys a prime location in Walnut Creek, Contra Costa County, with convenient access via Shadelands Dr. Key anchors include Club Studio and BevMo!, providing significant traffic and visibility. Other established tenants include Leslie’s Pool Supply, The United States Post Office, Arthur Murray Dance Studio, and soon-to-open UkaiBistro and Panda Express, creating a diverse and thriving retail environment. This property offers a unique chance to acquire a well-established center in a desirable location with immediate occupancy potential. The property's size, location, and existing tenant mix make it an attractive investment for both seasoned and emerging investors seeking a stable and growing retail portfolio.

Property profile

Verified
Property type Neighborhood centers
Year built 1973
Total area 101,000 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
  • Wellness Program Weight Loss Service

Value estimations

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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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