Skip to main content

Shopping Strip

The Station House

850 S Broadway, Walnut Creek, CA 94596

Listing Price: $8,950,000

Gross SF
9,120
Rentable SF
9,120
Price/Gross SF
$981.36
Lot Size
0.63 acres
Year Built
2019

Investment Overview

The historic Station House, located in Walnut Creek, California, has undergone a meticulous, multi-year restoration which included a complete building systems upgrade. This retail/office property is well-positioned to appeal to owner/user and arms-length/add-value investors alike.

Located on one of Walnut Creeks most heavily traveled arterials, the Station House is in the heart of Walnut Creeks downtown core, and directly across South Broadway from Broadway Plaza, one of the Bay Areas premier retail and entertainment properties.

The Station House enjoys the rare combination of an ultra-convenient location, ample parking, and a high profile building design. With over five hundred lineal feet of frontage on South Broadway, the site provides excellent visibility to vehicular and foot traffic, creating maximum exposure for retail/office tenants and owner-users alike. The building has approvals for signage for each suite, which can be illuminated via up or down lighting.

For owner/user investors, the property offers lower occupancy costs than leasing equivalent retail or office space when employing today's attractive SBA-504 financing rates. For arms-length investors, the Station House provides an attractive yield upon occupancy stabilization.

Site & Improvements

The Station House is ideally positioned to offer the utmost in flexibility for the owner/user, or add-value investor.

The property can accommodate a single owner/user or retail/office tenant or may be subdivided into as many as six individual retail/office suites ranging in size from 753 square feet up to 2,951 square feet of gross leasable area, each separately metered for gas, electricity, and water/sewer services.

The cold-shell interior is in open-framed condition and insulated. Main sprinkler lines are in place, along with separate roof-mounted HVAC units. Each suite has been framed and plumbed for an ADA compliant restroom. Electrical panels are in place at the rear of each suite; total power for the property is 1,200 amps/three-phase. Remaining improvements required to bring the interior spaces to warm-shell condition are nominal, with minor electrical, HVAC, and sprinkler distribution, sheetrock, and ADA restroom finishes.

The Station House is comprised of approximately 9,099 total gross square feet. The single-story building sits on a parcel of .63 acres (27,443 sq. ft.). The roof is primarily a pitched design with composition shingles, and a small portion of flat, built-up type roofing on which the roof-mounted HVAC units are located. The building foundation is a concrete slab with a wood-frame structure and painted wood exterior siding. The on-site parking surface is asphalt.

Note: The seller will provide a credit for the completion of warm-shell improvements, industry-standard tenant improvement allowance, and leasing commission at the close of escrow.


Investment Highlights

  • Pride of Ownership Restoration Construction Completed in 2019/2020
  • Historical Building
  • Ample On-Site Parking
  • Across South Broadway from Broadway Plaza, One of the Bay Areas Premier Retail Assets
  • 507 Lineal Feet of Frontage on South Broadway
  • Flexible Floor Plans

Exclusively Listed By

Listing Price: $8,950,000

Gross SF
9,120
Rentable SF
9,120
Price/Gross SF
$981.36
Lot Size
0.63 acres
Year Built
2019

Investment Highlights

  • Pride of Ownership Restoration Construction Completed in 2019/2020
  • Historical Building
  • Ample On-Site Parking
  • Across South Broadway from Broadway Plaza, One of the Bay Areas Premier Retail Assets
  • 507 Lineal Feet of Frontage on South Broadway
  • Flexible Floor Plans

Investment Overview

The historic Station House, located in Walnut Creek, California, has undergone a meticulous, multi-year restoration which included a complete building systems upgrade. This retail/office property is well-positioned to appeal to owner/user and arms-length/add-value investors alike.

Located on one of Walnut Creeks most heavily traveled arterials, the Station House is in the heart of Walnut Creeks downtown core, and directly across South Broadway from Broadway Plaza, one of the Bay Areas premier retail and entertainment properties.

The Station House enjoys the rare combination of an ultra-convenient location, ample parking, and a high profile building design. With over five hundred lineal feet of frontage on South Broadway, the site provides excellent visibility to vehicular and foot traffic, creating maximum exposure for retail/office tenants and owner-users alike. The building has approvals for signage for each suite, which can be illuminated via up or down lighting.

For owner/user investors, the property offers lower occupancy costs than leasing equivalent retail or office space when employing today's attractive SBA-504 financing rates. For arms-length investors, the Station House provides an attractive yield upon occupancy stabilization.

Site & Improvements

The Station House is ideally positioned to offer the utmost in flexibility for the owner/user, or add-value investor.

The property can accommodate a single owner/user or retail/office tenant or may be subdivided into as many as six individual retail/office suites ranging in size from 753 square feet up to 2,951 square feet of gross leasable area, each separately metered for gas, electricity, and water/sewer services.

The cold-shell interior is in open-framed condition and insulated. Main sprinkler lines are in place, along with separate roof-mounted HVAC units. Each suite has been framed and plumbed for an ADA compliant restroom. Electrical panels are in place at the rear of each suite; total power for the property is 1,200 amps/three-phase. Remaining improvements required to bring the interior spaces to warm-shell condition are nominal, with minor electrical, HVAC, and sprinkler distribution, sheetrock, and ADA restroom finishes.

The Station House is comprised of approximately 9,099 total gross square feet. The single-story building sits on a parcel of .63 acres (27,443 sq. ft.). The roof is primarily a pitched design with composition shingles, and a small portion of flat, built-up type roofing on which the roof-mounted HVAC units are located. The building foundation is a concrete slab with a wood-frame structure and painted wood exterior siding. The on-site parking surface is asphalt.

Note: The seller will provide a credit for the completion of warm-shell improvements, industry-standard tenant improvement allowance, and leasing commission at the close of escrow.


Exclusively Listed By

MM Texture Background
MM Textured Background Lower