OWNER/USER OPPORTUNITY FOR SALE 1611 NORTH MAIN STREET WALNUT CREEK, CA

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DOWNTOWN WALNUT CREEK OWNER/USER OPPORTUNITY FOR SALE 1611 NORTH MAIN STREET WALNUT CREEK, CA PLEASE DO NOT DISTURB TENANT

PROPERTY DETAILS 1611 North Main Street, Walnut Creek, CA Building Area: ±5,129 SF Lot Area: ±7,573 SF (0.17 AC) Built: 1950 Rennovated: 2012 Zoning: PR - Pedestrian Retail ASKING PRICE $4,275,000 PER SQUARE FOOT $834

PROPERTY HIGHLIGHTS Owner/User opportunity Currently occupied by Phoenix Salon & Day Spa Freestanding retail building with excellent visibility and identity Located in Downtown Walnut Creek on North Main Street Across from city offices & police station Walking distance to Broadway Plaza, restaurants and retail Beautifully designed and well maintained interior and exterior Main salon is two-stories in height (±20 ) Second story loft with two small spa treatment rooms Seller willing to do a short term lease back On-site parking lot with 11 spaces in the rear of the building 2.40/1,000 SF PLEASE DO NOT DISTURB TENANT

1611 NORTH MAIN STREET WALNUT CREEK, CA Y DWA R OA N. B Lescher Center for the Arts 680 MT DIABLO BOULEVARD OLYM Demographics (2019) LVD PIC B 0.5 mi 1 mi 3 mi Population 6,770 17,086 105,07 Households 3,643 8,314 48,276 $115,644 $138,852 $157,712 Avg. Household Income 680 0.25 mi 0.50 mi

NOR AY A DW ET RO NB E STR ET TRE ST S RNIA BOU ARD LEV BO AIN TH M U LOC O ALIF N. C ET E STR ZA NAN IVE DR IC CIV

WALNUT CREEK CALIFORNIA An urban oasis surrounded by unspoiled hillsides, Walnut Creek is embraced for its mild Mediterranean climate and picture perfect setting at the foot of Mount Diablo. Walnut Creek offers a distinctive blend of urban flair, suburban grace and peaceful wilderness. With its central Bay Area location and easy access to BART and major roadways, Walnut Creek is your perfect getaway in San Francisco s East Bay for shopping, dining, the arts and the outdoors. Shop and Dine in Walnut Creek Stroll Main Street s local boutiques and Broadway Plaza s upscale stores in downtown Walnut Creek, California. Stop for a glass of wine at a cozy sidewalk café or a milkshake at a local diner. Walnut Creek boasts more than 100 restaurants and nightclubs offering gourmet dining, ethnic cuisines and family fare. Voted best shopping town in the East Bay in 2013! Made the top 10 List for Best Foodie Cities by Livability. Neiman Marcus, Nordstrom, Macy s and more than 35 retailers are open and ready to serve you at Broadway Plaza! Sometimes it is hard to imagine the bustling, quaint, shopping town of Walnut Creek, CA as untamed wilderness, but not too long ago, Walnut Creek was just that. Before Broadway Plaza, before Heather Farms, before the restaurants and the bars, portions of Walnut Creek were split between three bands of Bay Miwaok Indian tribes. The different tribes occupied land from as far as Oakland through Mt. Diablo and San Ramon Creek. At their peak, historians estimate that the total Bay Miwaok Indians population exceeded up to 9,000. These indigenous groups gave way to the first Spanish Explorers in 1772 and later Mexico. Four Mexican lands grants divided present-day Walnut Creek, the most famous of which belonged to Juana Sanchez de Pacheco. Juana s grandson, Ygnacio Sibrian, is credited with building the first roofed house in Walnut Creek back in 1850. He named his abode Rancho Arroy de Las Nueces y Bolbones after the local group of indigenous Americans and the native species of tree found in the valley. As the Mexican-American War came to an end, a small settlement called The Corners emerged. Situated in the crossroads of the more developed Pacheco and Lafayette, the town was not home to many settlers for some time. William Slusher became the first American to build a dwelling on the banks of Walnut Creek, and he was followed closely by Milo Hough and Hiram Penniman, and Homer Shuey. Shuey, a cattle rancher, took the initiative to lay out city street plans. His downtown street patterns are still present today on a portion of his family s old cattle ranch. In the late 1800s, the United States finally completed their goal of connected both coasts via railway. With the arrival of the Southern Pacific Railroad service, Walnut Creek began to experience meager growth. Eventually, the town grew large enough to be incorporated as the eighth city in Contra Costa County. The railway ran through Walnut Creek until the late 1970s before being converted into the East Bay Regional Park District s Iron Horse Trail. Searching for a unique identity amongst neighboring towns, Walnut Creek established itself as Contra Costa s major retail center with creation of Broadway Plaza in 1951. With the new niche, the city was revitalized. From 1950 to 1960, Walnut Creek s population more than tripled from 2,460 to 9,903. That exceptional growth continued for years. Today, Walnut Creek is home to more than 64,000 people. With a rich cultural history and thriving downtown, Walnut Creek has become one of the most interesting Bay Area towns.

FOR MORE INFORMATION, CONTACT EXCLUSIVE BROKERS: Cherié Huillade, CCIM Senior Vice President +1 925 279 4622 cherie.huillade@colliers.com Lic. No. 00918839 Deborah Perry Senior Vice President +1 925 279 4650 deb.perry@colliers.com Lic. No. 01236931 Alyssa Doyle Associate +1 925 279 5565 alyssa.doyle@colliers.com Lic. No. 02016068