Walnut Creek, CA
Commercial Real Estate Market Trends & Data

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 $670 23,530 SF 7.10%
Pleasant Hill $412 23,800 SF 6.64%
Concord $379 15,252 SF 6.64%
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 $289 30,216 SF 6.61%
Nearby Retail Markets Avg Cost/SF Typical Size
Walnut Creek $522 23,400 SF
Alamo $749 6,693 SF
Lafayette $684 10,802 SF
Pleasant Hill $448 23,313 SF
Concord $436 19,345 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lafayette $847 17,815 SF 7.10%
Pleasant Hill $485 3,732 SF 5.42%
Concord $356 15,477 SF 6.00%
Moraga $1,556 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

Rare 100% Leased Walnut Creek Retail Center

Walnut Creek, CA 94597

  • 8,472 SF Retail Building
  • 5.67% Cap Rate
  • $5,600,000
For Sale

319 Lennon Ln

Walnut Creek, CA 94598

  • 3,046 SF Office Building
  • $1,065,000
For Sale

Spanish Castle Apartments

Walnut Creek, CA 94595

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

3276 McNutt Ave

Walnut Creek, CA 94597

  • 4,079 SF Office Building
  • $2,590,000
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

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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 $500 15,337 SF
Alamo $726 5,992 SF
Lafayette $606 19,746 SF
Pleasant Hill $412 21,477 SF
Concord $378 23,009 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.