2099 Mt Diablo Blvd — Sale in Walnut Creek, CA
- Price: $7.9M
- Listing type: For sale
- Asset type: Business
- Location: Walnut Creek, CA 94596
Photos
Description
Newmark, as exclusive advisor, is pleased to present 2099 Mt. Diablo Blvd., a 100% fully leased ±20,198 square foot two-story retail/office building located in Walnut Creek, California. The Property offers investors the opportunity to acquire an excellent, income-producing property along one of the city’s most visible and heavily trafficked corridors. 2099 Mt. Diablo has benefited from a comprehensive renovation program totaling more than $1.6 million, enhancing its appeal to tenants. These improvements have resulted in broad tenant appeal and long-term leasing durability proven by its 100% occupancy. The Property is currently leased to eight tenants, providing investors with consistent cash flow backed by a weighted average lease term of over six years. The property is anchored by R&A Cycles, which leases the entire ground floor retail space for another 10 years. Situated on Mt. Diablo Boulevard (34,000+ ADT), the Property benefits from excellent visibility and access, serving as a prominent entry point to Walnut Creek’s downtown shopping and dining district. The site is immediately adjacent to the Highway 24 on- and off-ramps and less than half a mile from I-680, providing direct regional connectivity to Lamorinda, Oakland, San Francisco, and the greater Bay Area.
Market Context
This commercial property in Walnut Creek, CA is listed for sale at $7,900,000. Compare it against other commercial property listings for sale in Walnut Creek, CA — view the full market.
Contact
- Mike Zylstra · 1925974-0106 · mike.zylstra@nmrk.com
- Mike Zylstra · 1925974-0106 · mike.zylstra@nmrk.com
- Forrest Gherlone · 1925974-0237 · forrest.gherlone@nmrk.com
- Max Gunari · 1925974-0116 · max.gunari@nmrk.com
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