2121 California BlvdWalnut Creek, CA 94596

Property Details for 2121 California Blvd

Year built

1984

Lot size

2.29 AC

Property size (Sq ft)

393,680 SF

Property type

Office properties

Property subtype

Office buildings

APN

174-150-079-5

APU

1741500795

Description

This exceptional 2,727 square foot retail space, located at 2121 N California Blvd in Walnut Creek, California, presents a unique investment opportunity. Currently vacant and ready for immediate occupancy, the property is ideally suited for a fitness center or similar commercial use. The single-tenant building offers significant flexibility for a variety of businesses. Situated in Contra Costa County, with convenient access to major transportation routes, this location boasts high visibility and strong foot traffic. The property features valet parking onsite, providing exceptional convenience for customers and employees. The building's total square footage is 2,727 square feet, all of which is currently available for lease. This presents a rare chance to secure a substantial, well-located space in a thriving Walnut Creek market. The property's address is 2121 N California Blvd, Walnut Creek, CA 94596. The zip code is 94596. This is a single-tenant property, offering a streamlined and efficient operational environment. The property type is retail, specifically categorized as commercial and fitness center. The property is located in a high-traffic area, making it an ideal location for a business seeking maximum exposure. The convenient valet parking adds to the overall appeal and convenience of this exceptional property. This is a prime opportunity for a business looking to establish a strong presence in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $151,390,176

  6.5%

  $139,744,768

  7%

  $129,763,008

• Comparable approach

  Method

  Valuation

  Relative Method

  $118,557,632

  Geo Method

  $109,801,288

• Alternative Use

  Use

  Valuation

  Residential

  $173,283,520

  Hospitality

  $158,726,768

  Educational

  $132,058,816

  Medical

  $136,600,512

  Retail

  $205,424,816

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.9087

Longitude

-122.067

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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