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1280 Willow Pass Rd
Concord, CA 94520 Concord/Pleasant Hill

$21,120,000 USD

Freestanding For Sale  •  73,992 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 73,167 SF
  • Lot Size 6.38 AC
  • Building Class B
  • Year Built 1980
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning WMX
40 Transit Score
60 Walk Score

Highlights

100% occupied by national tenants; Hobby Lobby and Guitar Center on NNN leases
Strong historical occupancy; Guitar Center has been a tenant for over 20 years and Hobby Lobby has been a tenant for over 10 years
Both tenants recently exercised their 5-year options demonstrating their long term commitment to the site
Positioned at a signalized, hard corner intersection with unobstructed visibility from Willow Pass Rd (39,300 VPD) and Diamond Wy (16,250 VPD)
Within immediate proximity to East Bay’s most heavily trafficked freeways, Interstate 680 (224,500 VPD) and Highway 242 (125,500 VPD)
Current WMX (West Concord Mixed Use) Zoning allows for higher density retail, hospitality, and office development
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Guitar Center 15,778 SF 9/30/2028
Hobby Lobby 57,389 SF 4/5/2029

Amenities

  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
Martinez (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority) 11 min - 7.4 mi
AirportDriveWalkDistance
Metro Oakland International 39 min - 28.5 mi
San Francisco International 57 min - 40.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 316
Type: Surface
Included in Rent: Yes
Michael Cisternino 925-388-0888 Essential Capital Advisors
Michael Cisternino 925-388-0888 Essential Capital Advisors