1676 California BlvdWalnut Creek, CA 94596

Property Details for 1676 California Blvd

Year built

1986

Construction

CONCRETE

Lot size

2.65 AC

Property size (Sq ft)

195,636 SF

Property type

Office properties

Property subtype

Office buildings

APN

178-192-016-8

APU

1781920168

Description

Growers Square, located at 1676 N California Blvd, Walnut Creek, CA 94596, offers a unique opportunity to lease executive office space in a vibrant downtown setting. This six-story building, constructed in 1986, boasts a total of 75,000 square feet, with 6,264 square feet currently available for lease. The property sits on a 2.649-acre lot and is conveniently located two blocks south of the Walnut Creek BART station, placing it within easy reach of public transportation. Its prime location is in the heart of Walnut Creek's acclaimed retail district, offering employees easy access to a variety of amenities. The building features an on-site parking garage, providing a 4 per 1,000 square foot ratio, supplemented by ample street parking. Adding to its appeal, Growers Square enjoys an immediate adjacency to the Walnut Creek Civic Arts Theatre, contributing to a dynamic and culturally rich environment. The property is classified as a multi-tenant building within Contra Costa County, and its address is cross-referenced to Mt Diablo Blvd. This exceptional office space presents a compelling opportunity for businesses seeking a prestigious and well-connected location in Walnut Creek.

• CAP approach

  CAP return

  Valuation

  6%

  $90,356,832

  6.5%

  $83,406,312

  7%

  $77,448,712

• Comparable approach

  Method

  Valuation

  Relative Method

  $64,617,280

  Geo Method

  $54,564,836

• Alternative Use

  Use

  Valuation

  Residential

  $103,423,824

  Hospitality

  $94,735,664

  Educational

  $78,818,960

  Medical

  $81,529,664

  Retail

  $122,607,272

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.902

Longitude

-122.064

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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