Savers 1997 Tice Valley Blvd 17,695 SF Retail Building Walnut Creek, CA 94595 $13,922,906 CAD ($786.83 CAD/SF) 5.50% Cap Rate

The subject property is prominently located with excellent access and visibility at the signalized hard corner of Tice Valley Boulevard and Rossmoor Parkway (combined 36,800 AADT), less than 2 miles from the I-680/Highway 24 junction (combined 379,500 AADT). Highway 24 links Walnut Creek to Oakland to the West. I-680 links Walnut Creek to Pleasant Hill, Concord, and Martinez to the north and the East Bay’s Tri-Valley area to the south. The site benefits from robust and affluent demographics within a 5-mile radius, with a total daytime population of 191,794 and average household income of $224,537. In addition, 73.9% of the population has obtained a Bachelor’s Degree or higher, and 68.7% of households earn $100,000 annually or more.
The site sits adjacent to the thriving Rossmoor Walnut Creek, a 1,800-acre “active adult” community with more than 7,000 residents. Rossmoor’s amenities and attraction include five clubhouses, two golf courses, fitness center with pools, large event center, bus transportation, library, private security, recreation department, media department, farmers’ market, and more than 200 clubs and organizations.
The subject property sits directly across from Rossmoor Shopping Center, which includes Safeway, CVS, Starbucks, Chase Bank, Wells Fargo, Crumbl Cookies, Mountain Mike’s Pizza, Chevron, and more. Tice Valley Community Gym & Park also sits directly across from the site and attracts families and individuals of all ages for sports, events, and classes.
The property benefits from its close proximity to Downtown Walnut Creek. Walnut Creek’s downtown corridor is a vibrant commercial and cultural hub that serves as a regional draw for the East Bay and beyond. The city is anchored by its popular Main Street, the historic and cultural hub of downtown, and Broadway Plaza, its premier open-air shopping center. Broadway Plaza has been extensively renovated in recent years and includes high-end retailers such as Nordstrom, Life Time, Pinstripes bowling & bocce, Louis Vuitton, Apple, Tiffany & Co., Lululemon, Nespresso, True Food Kitchen, Boudin, Original Joe’s, and Zara.
Walnut Creek (population 69,152) is a city in Contra Costa County located approximately 15 miles east of Oakland and 25 miles northeast of San Francisco. The city is centrally located and serves as a transit hub linking major Bay Area arterials: Highway 24, which links Walnut Creek to San Francisco and Oakland, joins the I-680 arterial, which provides access to San Jose and Sacramento.
In addition, the city benefits from the presence of two Bay Area Rapid Transit (BART) stations, which provide service to Oakland, San Francisco, and the greater East Bay. The city’s central location, with convenient access to public transit and major roadways, makes it a desirable residential community for commuters traveling throughout the Bay Area.