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PRIME RETAIL FOR LEASE WALNUT CREEK, CA LOCUST ST. 1521 1507

PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

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Page 1: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

PRIME RETAIL FOR LEASE

WALNUT CREEK, CA

LOCUST ST.15211507

Page 2: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

68K $86K 147.0 62%Population Household Income Living Cost Index Skilled Educated

THE MARKET:

WALNUT CREEKDowntown Walnut Creek serves as one of the

premier locations in the East Bay, providing

accessible amenities for workers, residents,

and visitors. The area is home to a variety

of professional service firms and financial

institutions, in addition to high-end retailers

within walking distance from new housing

developments, premier office buildings, and

public transit. The live-work-play environment

will continue to lure people to Downtown,

boosting economic growth and buying

power, translating to increasing demand

for retail space.

Trust our retailntelligence. www.jllretail.com

Page 3: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

Sunol RidgeRESTAURANT & BAR

1507-1521Locust

BROADWAY PLAZA

PRIMA

Walnut CreekYacht Club

LOC

UST

ST.

N. M

AIN

ST.

MT. DIABLO BLVD.

N. C

ALIF

OR

NIA

BLV

D.

BON

AN

ZA S

T.

CIV

IC D

R.

N. BROADWAY

THE

NEIGHBORHOODNorth of Mt. Diablo Blvd. Walnut Creek’s his-

torical downtown is a vibrant retail and lined

pedestrian shopping district. Characterized by

lower building heights, unique facades, orig-

inal materials the City’s best local boutiques,

bars and restaurants thrive. At the intersection

of Locust St. and Bonanza Ave. one will find

best in class small shop retail, service uses and

the city’s best restaurant scene. Prima, 1515

and the Yacht Club offer best in class cuisine,

cocktails and ambience. With ample public

parking garages in close proximity, the histor-

ical downtown area produces vibrant daytime

and nighttime activity with strong pedestrian

traffic at all hours. New and exciting multi-

family retail projects on North California Blvd.

contribute to the increasing activity by adding

additional residences to the area.

RETAILERS RESTAURANTSAnthropologieApple StoreBanana RepublicCrate & BarrelJ. CrewKate SpadeL’Occitane en ProvanceLucky BrandNeiman MarcusNordstromTiffany & Co.

1515CreamHavanaIl FornaioLark CreekMaria MariaPF Chang’sPrimaRuth Chris SteakhouseSasaScott’s SeafoodSkipolini’s PizzaSunol Ridge Restaurant & BarWalnut Creek Yacht Club

Trust our retailntelligence. www.jllretail.com

Page 4: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

IMMEDIATE OPPORTUNITY

There is an immediate opportunity to lease

space in the existing building on a short term

basis. Service retail, personal service and

office uses are permitted. Competitive

economics are offered for short term uses

upon to potential terms over one year

or month-to-month. Approximately

650 square feet of retail space available.

Trust our retailntelligence. www.jllretail.com

Page 5: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

CON-CEP-

LONG TERM OPPORTUNITY

A build to suit for all of the property or part

of the property exists as well. Potential for a

single story or double story premises facing

Locust St. offers an exciting opportunity for

differing retail uses ranging from restaurants

to traditional retail categories such as apparel,

furniture or fitness. Retailer design features

can be incorporated directly into the new

building offering and exciting opportunity to

create a unique retail identity in the East Bay’s

premium retail market.

• 2,200 to 4,500 square feet build to suit restaurant or retail space

• Flexible planning and design can incorporate Tenant’s preferences

• Excellent retail space for apparel, fitness or business retail uses.

• Landlord can deliver restaurant shell with a Type 1 vent

• Patio seating available

• Adjacent to 17,000 square feet of retail at Shops at Locust

• Proximate to Walnut Creek’s best dining and retail

PROPERTY HIGHLIGHTS

Trust our retailntelligence. www.jllretail.com

Page 6: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

Walnut Creek is an affluent

suburb of San Francisco

located in the East Bay.

It is centrally located at

the junction of I-680 and

Highway 24 and serves as

a hub for neighboring cities.

BART provides direct access

to Walnut Creek for the

wider Bay Area, through

two BART stations located

within the city limits. Due to

the accessability of the city,

Walnut Creek is a prime

location for shopping,

dining and entertainment.

1 MileRadius

3 MileRadius

5 MileRadius

Population

2015 Population 16,486 100,416 206,609

2020 Population 17,039 104,260 214,484

2010 Population 16,037 97,018 199,622

2000 Population 16,638 94,823 196,078

Percent Pop Change: 2010 to 2015 2.80% 3.50% 3.50%

Percent Pop Change: 2015 to 2020 3.35% 3.83% 3.81%

Daytime Pop (Total Employees) 35,889 76,837 116,787

Households

2015 Households 8,142 46,053 85,411

2020 Households 8,462 48,002 89,031

2010 Households 7,850 44,253 82,061

2000 Households 8,308 43,224 80,737

Percent HH Change: 2010 to 2015 3.71% 4.07% 4.08%

Percent HH Change: 2015 to 2020 3.93% 4.23% 4.24%

Average Household Size 2.05 2.15 2.38

Income

2015 Median Household Income $75,932 $80,924 $80,947

2015 Average Household Income $103,508 $113,684 $117,772

2015 Per Capita Income $51,119 $52,138 $48,686

Consumer Expenditures

Apparel 39.2 M 225 M 445 M

Travel/Entertainment 63.5 M 388 M 734 M

Dining/Alcohol 33.1 M 304 M 576 M

Health Care 45.7 M 304 M 571 M

Household Furnishings Products / Services 12.1 M 74.2 M 140.M

DEMOGRAPHICS

Trust our retailntelligence. www.jllretail.com

Page 7: PRIME RETAIL FOR LEASE 1507 1521 · 2017. 7. 18. · CREEK, CA OCUSL T S. T 1521 1507. 68K $86K 147.0 62% ... furniture or fitness. Retailer design features can be incorporated directly

© 2017 Jones Lang LaSalle IP. INC.All rights reserved.

All information contained hereinis from sources deemed reliable;

however, no representation or warrantyis made to the accuracy thereof.

For leasing information

BEN LAZZARESCHIExecutive Vice President

Retail Brokerage Services+1 415 228 3070

[email protected] #: 01414579

KATIE RUSHAssociate

Retail Brokerage Services+1 415 228 3071

[email protected] #: 02024501

Trust our retailntelligence. www.jllretail.com