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- LoopNet Team
1149 Alpine Rd
Walnut Creek, CA 94596
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Security System
- Tenant Controlled HVAC
- Storage Space
ABOUT 1149 ALPINE RD , WALNUT CREEK, CA 94596
Unique opportunity for savvy investor. This stand alone building is just blocks from the Broadway Shopping district. The tenant is the Cigar Loft, a unique concept that has no other rivals in the immediate area. The Cigar Loft not only sells cigars, but provides a place for cigar smokers to hang out, watch television, play cards, etc. Tenant has been in business in this location since 2010 and has a profitable, growing business. The existing lease has 2% annual increase and goes until 2020. There are also 2 four year options at market rate renewals. Tenant has customized building to fit his business model and continues to make improvements.
PROPERTY TAXES
| Parcel Number | 184-041-005-2 | Improvements Assessment | $345,808 |
| Land Assessment | $1,104,362 | Total Assessment | $1,450,170 |
PROPERTY TAXES
