350 Wiget LnWalnut Creek, CA 94598

Property Details for 350 Wiget Ln

Year built

1983

Lot size

6.00 AC

Property size (Sq ft)

125,860 SF

Property type

Office properties

Property subtype

Office buildings

APN

143-040-078-6

APU

1430400786

Description

Park Centre I, located at 350 N Wiget Ln, Walnut Creek, CA 94598, offers exceptional office space in a prime location. This two-story, 34,201 square foot building, constructed in 1983, features a campus-style design within a 6-acre lot. The property is zoned for Business Park District (B-P) use and offers multiple tenancy options, with spaces ranging from 3,221 to 5,947 contiguous square feet currently available, totaling 9,168 square feet of vacant space. The building boasts attractive landscaping and hillside views, enhanced by floor-to-ceiling glass lines. Each tenant enjoys prominent monument signage on North Wiget Lane. Conveniently located near Shadelands Dr, Park Centre I provides easy access to BART via County Connection Bus Service with a nearby stop. A full-service deli is across the street, and two regional shopping centers are within walking distance, offering diverse dining and retail options. The building provides ample parking with a ratio of 4 spaces per 1000 square feet. This is an excellent opportunity for businesses seeking high-quality office space in a vibrant and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $58,129,952

  6.5%

  $53,658,416

  7%

  $49,825,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $41,570,728

  Geo Method

  $35,103,612

• Alternative Use

  Use

  Valuation

  Residential

  $66,536,436

  Hospitality

  $60,947,020

  Educational

  $50,707,204

  Medical

  $52,451,104

  Retail

  $78,877,872

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.9297

Longitude

-122.027

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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