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Walnut Creek Executive Park
2835 Mitchell Drive, Walnut Creek, CA 94598
419,000 SF | Office
Walnut Creek Executive Park
Office Property - Off Market
- Building Size:
- 419,000 SF
- Property Type:
- Property Sub-type:
- Office-Business Park
- Property Use Type:
- Cap Rate:
- Building Class:
- Year Built:
- Listing ID
- Last Updated
- over 1 year ago
This offering provides an opportunity to acquire a major office park consisting of twelve office buildings accommodating approximately 418,922 rentable square feet in an award-winning highly landscaped setting. This Offering Memorandum is provided subject to the terms of the Confidentiality and Non-disclosure agreement executed by the recipient, for the purpose of providing information adequate for an investor to submit an informed and credible offer.
Walnut Creek Executive Park has been the recipient of numerous awards as a result of the layout and extensively land and waterscaped environment at the Property. Widespread mature landscaping and a series of interconnected water-features provide a stunning natural setting for the office buildings at Walnut Creek Executive Park.
The city of Walnut Creek is considered by many to be the hub of the East Bay and has become a 24 hour City with high quality office properties, the region s premier retail facilities, abundant dining, entertainment and cultural attractions and wide variety of quality single family and multi tenant residential housing. These features along with the strategic location at the interchange of Interstate 680 and Highway 24 have attracted a wide variety of tenants willing to pay premium rents to locate in Walnut Creek.
However, the severe shortage of affordable housing has been identified as the most significant challenge to economic growth in the San Francisco Bay Area. Walnut Creek Executive Park has been sought after by major tenants because of its strategic location relative to affordable housing. New housing communities in East Contra Costa cities such as Pittsburgh, Antioch, Oakley and Brentwood enjoy some of the lowest housing prices in the San Francisco Bay Area. The convenient commute to Walnut Creek Executive Center via Ygnacio Valley Road and Kirker Pass Road, allows commuters to avoid rush hour freeway congestion on Interstate 680.
Map of 2835 Mitchell Drive, Walnut Creek, CA 94598
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO