Share This Listing

Message

931 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Highlights

  • Established neighborhood shopping center located in Walnut Creek, a highly desirable East Bay retail submarket.
  • Positioned within a strong demographic profile supported by affluent surrounding residential communities.
  • Community Commercial Zoning (C-C)
  • Retail configuration suitable for a range of neighborhood-serving and service-oriented tenants.
  • Opportunity for tenants to secure space within an established retail corridor in a supply-constrained Bay Area market.

Space Availability (4)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 1526
  • 20,033 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Triple Net (NNN)
1514-1520 Palos Verdes, Walnut Crk - 1st Floor - Ste 1526
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Suite 1526 presents an exceptional ±24,373 SF former Rite Aid anchor space within the established Palos Verdes Mall, offering unmatched visibility at the intersection of Pleasant Hill Road and Geary Road. This former Rite Aid pad offers a rare chance to reimagine a high-visibility anchor space in one of Walnut Creek’s most established retail corridors. Whether you're a national brand, regional operator, or local visionary, this site is primed for transformation into a destination tenant that complements the center’s neighborhood charm and commercial vitality. Anchored by Lunardi’s Market and surrounded by a diverse mix of daily-needs retail, dining, wellness, and service tenants, the center benefits from strong co-tenancy and outstanding trade-area demographics, including more than 104,000 residents and top-tier household incomes. With easy access to I-680 and Highway 24 and excellent traffic exposure, Suite 1526 is positioned to become a standout large-format retail destination in Walnut Creek.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Anchor Space
  • Former Rite Aid anchor space, strong re-tenancy
  • Prime position within Palos Verdes Mall
  • Excellent visibility from Pleasant Hill & Geary Rd
  • 1st Floor, Ste 1548
  • 871-1,548 SF
  • Negotiable
  • $65.22 CAD/SF/YR $5.44 CAD/SF/MO $100,962 CAD/YR $8,414 CAD/MO
  • Triple Net (NNN)
1533-1557 Palos Verdes Mall - 1st Floor - Ste 1548
Space Use
Retail
Build-Out
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 1555
  • 900 SF
  • Negotiable
  • $73.37 CAD/SF/YR $6.11 CAD/SF/MO $66,036 CAD/YR $5,503 CAD/MO
  • Triple Net (NNN)
1533-1557 Palos Verdes Mall - 1st Floor - Ste 1555
Space Use
Retail
Build-Out
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste LAND
  • 21,780 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
1533-1557 Palos Verdes Mall - 1st Floor - Ste LAND
Space Use
Retail
Build-Out
-
Availability
2026-05-05
Space Size Term Rental Rate Rent Type
1st Floor, Ste 1526 20,033 SF Negotiable Upon Request Upon Request Upon Request Upon Request Triple Net (NNN)
1st Floor, Ste 1548 871-1,548 SF Negotiable $65.22 CAD/SF/YR $5.44 CAD/SF/MO $100,962 CAD/YR $8,414 CAD/MO Triple Net (NNN)
1st Floor, Ste 1555 900 SF Negotiable $73.37 CAD/SF/YR $6.11 CAD/SF/MO $66,036 CAD/YR $5,503 CAD/MO Triple Net (NNN)
1st Floor, Ste LAND 21,780 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1514-1520 Palos Verdes, Walnut Crk - 1st Floor - Ste 1526

Size
20,033 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Suite 1526 presents an exceptional ±24,373 SF former Rite Aid anchor space within the established Palos Verdes Mall, offering unmatched visibility at the intersection of Pleasant Hill Road and Geary Road. This former Rite Aid pad offers a rare chance to reimagine a high-visibility anchor space in one of Walnut Creek’s most established retail corridors. Whether you're a national brand, regional operator, or local visionary, this site is primed for transformation into a destination tenant that complements the center’s neighborhood charm and commercial vitality. Anchored by Lunardi’s Market and surrounded by a diverse mix of daily-needs retail, dining, wellness, and service tenants, the center benefits from strong co-tenancy and outstanding trade-area demographics, including more than 104,000 residents and top-tier household incomes. With easy access to I-680 and Highway 24 and excellent traffic exposure, Suite 1526 is positioned to become a standout large-format retail destination in Walnut Creek.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is an outparcel at this property
  • Anchor Space
  • Former Rite Aid anchor space, strong re-tenancy
  • Prime position within Palos Verdes Mall
  • Excellent visibility from Pleasant Hill & Geary Rd

1533-1557 Palos Verdes Mall - 1st Floor - Ste 1548

Size
871-1,548 SF
Term
Negotiable
Rental Rate
$65.22 CAD/SF/YR $5.44 CAD/SF/MO $100,962 CAD/YR $8,414 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

1533-1557 Palos Verdes Mall - 1st Floor - Ste 1555

Size
900 SF
Term
Negotiable
Rental Rate
$73.37 CAD/SF/YR $6.11 CAD/SF/MO $66,036 CAD/YR $5,503 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

1533-1557 Palos Verdes Mall - 1st Floor - Ste LAND

Size
21,780 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Build-Out
-
Availability
2026-05-05

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at Palos Verdes Mall

  • Tenant
  • Description
  • US Locations
  • Reach
  • Lunardi's
  • Supermarket
  • 13
  • Local
Tenant Description US Locations Reach
Lunardi's Supermarket 13 Local

Property Facts

Total Space Available 44,261 SF
Min. Divisible 871 SF
Center Type Neighborhood Center
Parking 365 Spaces
Center Properties 5
Frontage
359’ on Camino Verde Rd
  • 725’ on Pleasant Hill Rd
Gross Leasable Area 94,666 SF
Total Land Area 24.67 AC
Year Built 1998

About the Property

The Palos Verdes Mall is a proven +/-95,000 SF neighborhood center anchored by Lunardi’s Market. Palos Verdes is nestled in an affluent bedroom community just 1.5 miles west of I-680 and 2 miles north of Hwy. 24, serving the communities of Walnut Creek, Lafayette and Pleasant Hill. There are 105,126 residents with an Average Household Income of $199,602 within a 3-mile radius.

  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Snap Fitness
Bank of America
Chase
Jazzercise
Safeway
  • Listing ID: 31714333

  • Date on Market: 2026-05-04

  • Last Updated:

  • Address: 1514-1600 Palos Verdes Mall, Walnut Creek, CA 94597

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}