1900 Tice Valley BlvdWalnut Creek, CA 94595

Property Details for 1900 Tice Valley Blvd

Year built

1965

Lot size

15.23 AC

Property size (Sq ft)

120,531 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents the chance to acquire the Rossmoor Shopping Center, a premier Class A, grocery-anchored neighborhood center located in Walnut Creek, California. The 120,531 square foot property boasts a 92.3% occupancy rate and features a diverse mix of 33 tenants, including prominent anchors such as Safeway and CVS Pharmacy. Built in 1965 and extensively renovated in 2020, the center comprises twelve single-story buildings situated on a 15.23-acre lot with 535 parking spaces. Its prime location at the intersection of Rossmoor Parkway and Tice Valley Boulevard provides excellent access to the affluent Rossmoor community. The property is zoned P-D and offers a highly secure cash flow stream, supported by a loyal customer base and strong tenant demand. This core investment presents a rare opportunity to acquire a well-established, high-performing retail center in a desirable Bay Area location with potential for future value appreciation. The property's strong tenant roster and established position within the community make it an attractive investment for discerning buyers seeking a stable and growing income stream. The center's convenient location and ample parking further enhance its appeal to both tenants and customers.

Location Insight

City

Walnut Creek

County

Contra Costa

State

California

Latitude

37.8782

Longitude

-122.072

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