Generational Trophy Asset in the Heart of Downtown Walnut Creek

Essential CRE, is pleased to present the opportunity to acquire an absolute NNN, single-tenant asset in one of the most sought-after hyper-core retail markets in California. Leased by Big 5 Sporting Goods, the subject property is a free standing structure with a gross leasable area of 8,884 square feet and resides on 23,685 square feet of land with a 20-stall rear parking lot. Big 5 Sporting Goods is located on a "main and main," signalized intersection in Downtown and is strategically situated on two of Walnut Creek’s primary arterials providing excellent visibility and access.

Big 5 Sporting Goods has Operated at this Location for over 32 Years Demonstrating Long Term Operator Commitment
Absolute NNN Lease with 2.5 Years Remaining and 8, 5-Year Options; Zero Landlord Responsibilities
Hyper-Core Downtown Retail Location in one of California's Premier Class A Markets
Heavily Trafficked Downtown Arterial; 23,685 Vehicles Per Day with Multiple Access Points
Surrounding Retailers Include Nordstrom, Crate and Barrel, Anthropology, Restoration Hardware, Urban Outfitters, Lululemon, and Apple

Walnut Creek is a city in Contra Costa County, California, United States, located in the East Bay region of the San Francisco Bay Area, about 16 miles (26 km) east of the city of Oakland. With a total estimated population of 70,166, Walnut Creek serves as a hub for its neighboring cities because of its location at the junction of the highways from Sacramento and San Jose (I-680) and San Francisco/Oakland (SR-24) and its accessibility by BART. Its active downtown neighborhood features hundred-year-old buildings and extensive high-end retail establishments. Companies based in Walnut Creek include Central Garden & Pet (makers of AvoDerm, Amdro, Kaytee, among others), American Reprographics Company, CSE Insurance Group, Maximum Games, and the PMI Group.