Walnut Creek, CA
Commercial Real Estate Market Trends & Data

$492 per SF Avg asking sale price
$35 per SF Avg asking lease rate
5,266 SF Avg unit lease size
12,720 SF Avg building size for sale
5.38% 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%

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Walnut Creek $389 17,200 SF 6.00%
Pleasant Hill $350 14,239 SF 6.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Walnut Creek $522 23,747 SF
Alamo $658 5,797 SF
Lafayette $638 8,747 SF
Pleasant Hill $448 23,599 SF
Concord $436 19,323 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Walnut Creek $381 12,061 SF 5.51%
Lafayette $838 17,815 SF 7.10%
Pleasant Hill $422 4,944 SF 5.51%
Concord $348 12,963 SF 6.00%
Moraga $1,539 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

1150 Lincoln Ave

Walnut Creek, CA 94596

  • 5,152 SF Multifamily
  • 4.27% Cap Rate
  • $2,895,000
For Sale

1465 Mt Pisgah Rd

Walnut Creek, CA 94596

  • 8,676 SF Multifamily
  • $3,750,000
For Sale

Civic Park Plaza

Walnut Creek, CA 94596

  • 81,198 SF Office Building
  • $995,000
For Sale

1127 Virginia Ln

Concord, CA 94520

  • 6,632 SF Multifamily
  • 5.23% Cap Rate
  • $2,500,000
For Sale

Showing Scheduled 9/8/26 from 12:00 - 1:00 PM

Concord, CA 94520

  • 5,682 SF Multifamily
  • 5.51% Cap Rate
  • $1,950,000
For Sale

Reuter Building

Pleasant Hill, CA 94523

  • 3,248 SF Office Building
  • $1,598,000

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

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

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 $492 12,720 SF
Alamo $897 4,694 SF
Lafayette $596 19,369 SF
Pleasant Hill $444 15,857 SF
Concord $413 19,728 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.

Nearby Market Trends