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675 Ygnacio Valley Road | Walnut Creek, 2 Retail Properties in Walnut Creek, CA
INVESTMENT HIGHLIGHTS
- Multi-tenant Building: Retail 45% Medical 21% Office 34%
- Power: Numerous Separate Meters
- Parking: 115 parking stalls Parking Ratio ±3.6/1000
EXECUTIVE SUMMARY
Colliers is pleased to offer this unique opportunity to acquire the 100% fee-simple interest in 675 Ygnacio Valley Road (the “Property”) in downtown Walnut Creek.
Being offered for sale for the first time by the original 1980 developer/owner, the Property is comprised of two two-story buildings totaling 32,500 square feet of retail, medical, and office space situated on 1.62 acres with surrounding surface parking. The Property is currently 100% leased and has historically maintained this high level of occupancy since construction. The current tenant mix is 45% service retail, 21% medical and 34% office.
The Property is located four blocks from Walnut Creek BART and I-680 and is within immediate walking distance to over 100 downtown restaurants. The Property offers 206 feet of direct frontage on Ygnacio Valley Road and benefits from a Walk Score of 89 (Very Walkable), a Transit Score of 52 (Good Transit) and a Bike Score of 71 (Very Bikeable). The Property presents considerable upside potential with current in-place below market rents. Alternatively, the Property could be repositioned as two separate owner-user buildings or considered for a potential residential redevelopment given the flexible zoning(MU-C)
Being offered for sale for the first time by the original 1980 developer/owner, the Property is comprised of two two-story buildings totaling 32,500 square feet of retail, medical, and office space situated on 1.62 acres with surrounding surface parking. The Property is currently 100% leased and has historically maintained this high level of occupancy since construction. The current tenant mix is 45% service retail, 21% medical and 34% office.
The Property is located four blocks from Walnut Creek BART and I-680 and is within immediate walking distance to over 100 downtown restaurants. The Property offers 206 feet of direct frontage on Ygnacio Valley Road and benefits from a Walk Score of 89 (Very Walkable), a Transit Score of 52 (Good Transit) and a Bike Score of 71 (Very Bikeable). The Property presents considerable upside potential with current in-place below market rents. Alternatively, the Property could be repositioned as two separate owner-user buildings or considered for a potential residential redevelopment given the flexible zoning(MU-C)
PROPERTY FACTS
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 32,500 SF |
| Number of Properties | 2 | Total Land Area | 3.24 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 32,500 SF |
| Total Land Area | 3.24 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Walnut Creek Financial Plaza Building B
675 Ygnacio Valley Rd, Walnut Creek, CA 94596 |
Retail | 24,379 SF | 1980 | - |
|
Walnut Creek Financial Plaza Building A
675 Ygnacio Valley Rd, Walnut Creek, CA 94596 |
Retail | 8,121 SF | 1980 | - |
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675 Ygnacio Valley Road | Walnut Creek,
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