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Development Site w/Current Income 1448 S Main St 3,042 SF 100% Leased Retail Building Walnut Creek, CA 94596 $4,571,292 CAD ($1,502.73 CAD/SF) 4% Cap Rate
Executive Summary
Two contiguous parcels totaling over 25,000. Great current income from the restaurant tenant of $11,000 per month while you get entitlements . Prime downtown Walnut Creek location directly across street from Kaiser.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,042 SF
Building Class
C
Year Built
1971
Price
$4,571,292 CAD
Price Per SF
$1,502.73 CAD
Cap Rate
4%
NOI
$182,852 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.25 AC
Zoning
2CR, Walnut Creek
Parking
25 Spaces (6.77 Spaces per 1,000 SF Leased)
Frontage
184’ on Main
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Peony Garden
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Peony Garden | Public Administration | - | - | - |
Very walkable
80/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 183-030-002-4 | Improvements Assessment | $801,160 CAD |
| Land Assessment | $866,123 CAD | Total Assessment | $1,667,282 CAD |
Property Taxes
Parcel Number
183-030-002-4
Land Assessment
$866,123 CAD
Improvements Assessment
$801,160 CAD
Total Assessment
$1,667,282 CAD
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Development Site w/Current Income | 1448 S Main St
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