Walnut Creek, CA
Commercial Real Estate Market Trends & Data

$487 Avg asking sale price
$37 Avg asking lease rate
11,005 SF Avg unit lease size
30,143 SF Avg building size for sale
5.30% Average cap rate

Walnut Creek's Demographic Profile

Walnut Creek has 33,105 households and a median income of $127,869, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 71,831
# Households 33,105
Median age 48
Median household income $127,869
Avg household size 2.0
Renter-occupied housing units 12,020
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Walnut Creek, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Lafayette $721 29,601 SF 7.10%
Pleasant Hill $348 26,474 SF 8.00%
Concord $353 17,678 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Walnut Creek $389 17,200 SF 6.00%
Pleasant Hill $335 10,995 SF 6.00%
Concord $298 8,369 SF 6.61%
Danville $739 51,394 SF 5.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Walnut Creek $510 23,250 SF
Alamo $839 5,164 SF
Lafayette $684 10,802 SF
Pleasant Hill $439 23,178 SF
Concord $413 22,468 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Walnut Creek $371 28,462 SF 4.12%
Pleasant Hill $497 5,105 SF 5.74%
Concord $449 6,229 SF 5.74%
Moraga $1,572 12,975 SF 7.10%

Commercial Properties For Sale in Walnut Creek

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Spanish Castle Apartments

Walnut Creek, CA 94595

  • 54,066 SF Multifamily
  • $7,995,000
For Sale

Hobby Lobby & Guitar Center

Concord, CA 94520

  • 73,167 SF Retail Building
  • 7.00% Cap Rate
  • $21,120,000
For Sale

Big O Tires-Anchored Auto Shops

Walnut Creek, CA 94596

  • 21,702 SF Retail Building
  • 6.00% Cap Rate
  • $9,098,000
For Sale

Bldg 1

Walnut Creek, CA 94598

  • 28,000 SF Office Building
  • $750,000
For Sale

1802 San Miguel Dr

Walnut Creek, CA 94596

  • 2,320 SF Office Building
  • $1,500,000
For Sale

1920 Camino Verde

Walnut Creek, CA 94597

  • 2,857 SF Multifamily
  • 4.12% Cap Rate
  • $1,695,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Multifamily vs. Single-Family Investing ROI
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CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
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Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Walnut Creek pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Walnut Creek $487 30,143 SF
Alamo $818 8,183 SF
Lafayette $612 24,109 SF
Pleasant Hill $384 21,003 SF
Concord $357 18,296 SF

Regional Demographic Comparison

This comparison places Walnut Creek alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Walnut Creek or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Alamo 14,519 5,133 51 $237,524 3 445 -2%
Lafayette 25,219 9,424 46 $205,731 3 2,527 -1%
Pleasant Hill 34,626 14,135 43 $134,536 2 5,730 -1%
Concord 123,156 44,960 41 $104,817 3 18,505 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Walnut Creek, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Walnut Creek

View All Commercial Real Estate For Sale in Walnut Creek
Is Walnut Creek a good market for a first-time commercial real estate investor?

Walnut Creek offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Walnut Creek?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Walnut Creek. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Walnut Creek?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Walnut Creek. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Walnut Creek compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Walnut Creek. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Walnut Creek acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Walnut Creek, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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