1600 Main StWalnut Creek, CA 94596

Property Details for 1600 Main St

Year built

1983

Lot size

3.87 AC

Property size (Sq ft)

88,320 SF

Property type

Office properties

Property subtype

Office buildings

APN

183-050-022-7

APU

1830500227

Description

This Contra Costa County office complex offers multiple executive suites for lease within two buildings totaling 83,000 square feet. The property, built in 1984, features a steel frame construction and is situated on a 3.87-acre lot. Available spaces range from 1,169 to 4,686 square feet, with a minimum divisible space of 2,578 square feet and a maximum contiguous space of 2,791 square feet. Currently, 11,686 square feet of space is vacant. The complex boasts ample underground parking (3.3 spaces per unit), two elevators, and on-site management. Building amenities include sprinklers and, in the North Building, a unique 50-glass enclosed aviary. The property is zoned OC and comprises two three-story buildings: the North Building (approximately 55,000 square feet) and the South Building (approximately 28,000 square feet). Located near Creekside Dr, this Class B property presents a compelling opportunity for businesses seeking flexible and well-appointed office space. The property's size and amenities make it ideal for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $40,791,652

  6.5%

  $37,653,832

  7%

  $34,964,272

• Comparable approach

  Method

  Valuation

  Relative Method

  $29,171,514

  Geo Method

  $24,633,332

• Alternative Use

  Use

  Valuation

  Residential

  $46,690,752

  Hospitality

  $42,768,480

  Educational

  $35,582,872

  Medical

  $36,806,620

  Retail

  $55,351,132

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.889

Longitude

-122.056

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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