1670 Riviera AveWalnut Creek, CA 94596

  • Office properties
  • 11,697 SF
For Lease

Property Details for 1670 Riviera Ave

Year built
1991
Lot size
0.24 AC
Property size (Sq ft)
11,697 SF
Zone code
RM2
Property type
Office properties
Property subtype
Office buildings
APN
174-140-017-8
APU
1741400178

Description

The Golden Nugget Complex, located at 1670 Riviera Ave, Walnut Creek, CA 94596, offers exceptional executive office space in a prime downtown location. This three-story building, constructed in 1992, boasts a total of 11,697 square feet, with 5,929 square feet currently available. The property sits on a 0.239-acre lot and provides ample parking with 55 spaces. Individual suites range from a minimum of 2,581 square feet to a maximum contiguous space of 3,348 square feet, making it ideal for businesses of varying sizes. The building's convenient location is just one block from the Walnut Creek BART station, offering unparalleled accessibility for employees and clients. The property is classified as an Executive Office building with multiple tenancies. Its address is easily accessible via Parkside Dr. This exceptional opportunity presents a chance to establish a presence in the thriving Walnut Creek business district within Contra Costa County. The building's modern design and prime location make it an attractive option for businesses seeking a prestigious and convenient address. Contact us today to learn more about leasing opportunities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,503,926
    6.5%
    $4,157,470
    7%
    $3,860,508
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,524,880
    Geo Method
    $3,262,410
  • Alternative Use

    Use
    Valuation
    Residential
    $5,155,262
    Hospitality
    $4,722,192
    Educational
    $3,928,809
    Medical
    $4,063,926
    Retail
    $6,111,480
1670 Riviera Ave, Walnut Creek, California

Location Insight

City
Walnut Creek
County
Contra Costa
State
California
Latitude
37.9095
Longitude
-122.067
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$38,252
$557,200
$2,610,800
$3,168,000
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FAQs

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