1231-1255 S California Blvd - Office FOR SALE
Walnut Creek, CA 94596 |
1231-1255 S California Blvd
Walnut Creek, CA 94596
HIGHLIGHTS
- Charles Schwab (S&P rated A+) anchored 4-tenant NNN investment
- Habit Burger #21/370+ restaurants, nationally ranked per Placer.AI
- In-place debt of $14.3m interest only at 5.242%, maturing 12/31/2026
- Long term NNN leases with a WALT of 7 years and 2 months
- High-traffic intersection: S. California Blvd and Olympic Blvd (47,771+ CPD)
- Property tax expense reduced over $110,000 annually (2025 vs 2023) lowering tenant occupancy cost by more than $6.00 psf annually.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Centre Place I
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
17707
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
0.67 AC AC
LAND SF
29,142 SF
ZONING
-
APN/PARCEL ID
184-092-033-2
