2226 Oak Grove Rd Walnut Creek, CA 94598
- Neighborhood centers
- 101,000 SF
Current Use by Public Records
- Neighborhood centers
Property Details for 2226 Oak Grove Rd
- Year built
- 1973
- Property size
- 101,000 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
Citrus Marketplace, located at 2226 Oak Grove Rd, Walnut Creek, CA 94598, presents a compelling investment opportunity in a thriving Contra Costa County neighborhood. This ±101,000 square foot, single-story neighborhood shopping center boasts a strong tenant roster, including Club Studio, BevMo!, Leslie’s Pool Supply, The United States Post Office, Arthur Murray Dance Studio, and soon-to-open Ukai Bistro and Panda Express. The property sits on an expansive 11.4-acre lot and offers ample parking with 494 spaces. Built in 1973, the center is currently 91% occupied, with approximately 900 square feet of vacant space available. Its prime location in Walnut Creek, with convenient access via Shadelands Dr, ensures high visibility and accessibility for both tenants and customers. The property's established tenant mix and substantial size make it an attractive prospect for investors seeking a stable, income-generating asset in a desirable California market. The existing tenants represent a diverse range of businesses, contributing to a robust and well-rounded shopping experience. The potential for future growth and development further enhances the investment potential of this exceptional retail property. This is a rare opportunity to acquire a well-established, high-performing neighborhood center in a prime Walnut Creek location.
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
- -122.017
- Latitude
- 37.9297
