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1231-1255 S California Blvd
Walnut Creek, CA 94596

$18,270,000 USD

Office For Sale  •  17,707 SF

Property Details

  • Property Type Office
  • Total Building Size 17,707 SF
  • Lot Size 0.67 AC
  • Building Class B
  • Year Built 2010
  • Cap Rate 6.00 %
  • Tenancy Multiple
  • Zoning C-R
33 Transit Score
94 Walk Score

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 (78% LTV) at 5.242%, maturing 12/31/2026
Long term NNN leases with a WALT of 7 years and 10 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.

Property Flyers

Cap Rate: 6.00 %

Public Transportation

Transit/SubwayDriveWalkDistance
Walnut Creek Station (Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART)) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Metro Oakland International 33 min - 23.8 mi
San Francisco International 51 min - 35.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
Mike Zylstra 925-963-9766 Newmark
Mike Zylstra 925-963-9766 Newmark