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Property profile & analytics
OFF-MARKET Estimated value $3,225,000
Retail space

1535 Giammona Dr Walnut Creek, CA 94596-4130

5,292 SF 0.18 ac lot Built 1946
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US09-3611962
Property summary
AI-generated overview

This exceptional 4,000-square-foot restaurant space in Walnut Creek, California, presents a rare opportunity for a discerning operator. Located at 1535 Giammona Drive, between Locust and Main Street, this single-tenant property sits within a vibrant hub of established retailers and acclaimed restaurants in downtown Walnut Creek. The property benefits from a high-traffic location drawing patrons from across the Bay Area, ensuring a strong customer base. This second-generation restaurant space boasts existing restaurant infrastructure, including a sizable private patio, ready for immediate occupancy. The space has a rich history, having housed a beloved local restaurant for over two decades. The exterior facade offers significant potential for customization to reflect your brand's unique identity. The property's prime location is further enhanced by its proximity to highly anticipated new restaurants and established favorites such as Montesacro, Residual Sugar Wine Bar, Katy's Kreek, OL Beer Bar, and Bourbon Highway, creating a synergistic environment within a thriving culinary scene. The zip code is 94596. This is a truly exceptional opportunity to establish or expand your restaurant business in one of the Bay Area's most desirable locations. The property is situated at 37.9017919 latitude and -122.0626822 longitude.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1946
Total area 5,292 SF
Lot 0.18 ac (7,884 SF)
APN 178-191-018-5
UPID US09-3611962
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Skipolini's Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.23M
CAP Approach CAP
$2.08M
Comparable Approach Comparable
$3.04M
Blend (final) Blend
$3.23M
Owner & transaction history
Ezekiel Equities LLC · 2 yrs held
Ezekiel Equities LLC
since 2024
Last sale
$3.2M
4 recorded transactions
2024
$3.2M
2020
Price N/A
2010
$2.0M
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $4.9M +81.7%
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