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For Sale

Sunnyvale Retail Center

1512 Sunnyvale Ave,
Walnut Creek, CA 94597

Asset Snapshot

1980
Year Built
1
Floor Count
1
Building Count
100%
Occupancy

Offering Summary

Investment Overview

Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire Sunnyvale Retail Center (the “Property” or “Center”) located at 1500-1512 Sunnyvale Avenue in Walnut Creek, California. The Property is one hundred percent leased by five tenants and benefits from excellent visibility at a highly trafficked signalized intersection with exposure to over 33,000 vehicles per day. Available for the first time in over twenty-five years, the Center offers a diversified rent roll with scheduled annual increases and a staggered lease expirations thus providing an attractive combination of stability and income growth.


Investment Highlights

  • Rare Walnut Creek Retail Opportunity — Opportunity to acquire a small, fully leased retail center in Walnut Creek
  • 100% Leased — Synergistic mix of five service, restaurant and retail tenants
  • Prime Corner Visibility — Excellent exposure at a highly trafficked, signalized intersection
  • E-Commerce Resistant Tenancy — Destination-oriented businesses that drive customer visits
  • Dedicated Parking — On-site surface parking lot with 31 stalls
  • Affluent Demographics — Household incomes exceed $160,000 within a 3-mile radius
  • Convenient Freeway Access — Easy access to I-680
  • Strong Traffic Counts — Hard-corner location with more than 33,000 average daily vehicles

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Listing Syndicated From

Buildout
For Sale
$5,600,000
Asking Price