1406 N Broadway Walnut Creek, CA - John Cumbelich & Associates
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1406 N Broadway
Walnut Creek, CA
±5,196 SF Free Standing
Retail Building for Lease
Surrounded by a vibrant collection of global brands and
one-of-a-kind local concepts and just a short walk to
Pottery Barn, Restoration Hardware and Williams-Sonoma.
Two blocks from Broadway Plaza -
the premier shopping center in the East Bay.
Located on a highly trafficked corner location
(N Broadway – 21,000 cars per day)
and next door to a 502 space parking garage
The trade area averages an estimated
$2.4B in annual retail spending with
$625 M in food and beverage.
A great entry for a retailer seeking
to penetrate the downtown core.
JOHN CUMBELICH
john@cumbelich.com
t. 925.935.5400 X101
CA-DRE Lic #01006249
1406 N Broadway
Walnut Creek, CA
About
HIGHLY VISIBLE RETAIL BUILDING FOR LEASE
1406 N Broadway is a ±5,196 SF freestanding retail building comprised of a
3,700 SF ground floor space + 1,496 SF second story office space.
Located on a busy retail corner (N Broadway – 21,000 cars daily), the
project is surrounded by first class retail and dining brands such as
Restoration Hardware, Pottery Barn and Williams Sonoma.
Perfectly positioned to capture the 1,000+ new residential down-
town Walnut Creek units that have been developed or approved in the
post-recession recovery, the project offers great visibility, first class
neighbors and proximate parking – all in a fast growing residential
downtown.
THINGS TO DO AND SEE
SHOPPING
The subject property is strategically positioned in the charming Historic Downtown near the institutionally owned New Downtown anchored by Nordstrom and Macy’s. Nearby
premium brands include Tiffany & Co., Pottery Barn, Crate & Barrel, Restoration Hardware, and Apple.
DINING
Walnut Creek is home to scores of award wining dining establishments including The Bounty Hunter, Va de Vi, Bierhaus, Flemings, Teleferic and The Cheesecake Factory.
ENTERTAINMENT
A thriving art scene centered around Lesher Center for the Performing Arts, the premier destination for the arts in Contra Costa county plus a 14 screen Century Theatre.
NEW URBAN HOUSING
± 2,000 residential units are currently in review, underway or completed in the downtown core, strengthening pedestrian activity in the core.
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com
1406 N Broadway
Great Neighbors
Walnut Creek, CA
Affluent Trade Area historic downtown 219,072
575,350 square feet of retail Population within a five mile radius
THE SUBJECT IS SURROUNDED BY highly educated daytime population
A GREAT LINE UP OF LOCAL & 62.2% of shoppers hold a bachelor’s degree or higher 176,438 employees/residents nearby
REGIONAL RETAIL BRANDS AND first to market new urban housing
BOASTS STRONG DEMOGRAPHICS Teleferic, Vineyard Vines ± 2,000 under review, in construction or complete
highly affluent 2,670,433
Average household income of $161,558 Square feet of retail in downtown core
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com
1406 N Broadway
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JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com
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macys
Gott’s
CA-DRE Lic #01006249 www.cumbelich.com Roadhouse
AAA
Pizza
My Heart
1406 N Broadway
RESIDENTIAL PROJECT PIPELINE Residential Growth
Walnut CREEK,
WALNUT Creek, CA CA JA N U A RY 2 019
No. Site # of Units
1 Riviera Ave Condos (Riv) 48
2 TRG Bayrock Luxury Residences 52
3 Ascent Apartments 126
4 Walnut Creek Bart Transit Village 87
5 Brio Apartments 300
6 The Arroyo Residences 100
7 1716 Lofts 42
8 Lyric 140
9 Agora at S Main 49
10 Centre Place South 22
11 1380 N California Blvd 112
12 Eighteen 72 15
13 St Paul’s Commons 45
14 Trinity Commons 12
15 Vaya 178
16 Walnut Creek Bart Transit Village 596
17 1738 Riviera Apartments 28
18 1515 Riviera Apartments 30
SITE
TOTAL: 1982
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
JOHN CUMBELICH & ASSOCIATES
CA-DRE Lic #01006249 www.cumbelich.com
1330 N Broadway, Suite 200A
Walnut Creek, CA 94596
1406 N Broadway
Site Plan
Walnut Creek, CA
±3,700 SF ground Floor
±1,496 Sf second Floor
±5,196 SF Total
Cypress St
entrance
N broadway
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com
1406 N Broadway
Walnut Creek, CA
Photos
View looking south
(2 Blocks)
Parking
Structure
(502 spaces)
N Broadwy – 2,0 ADT
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com
1406 N Broadway
Location Map
Walnut Creek, CA
DOWNTOWN WALNUT CREEK
Walnut Creek is the East Bay Area’s premier city for up-
scale retailers, restaurateurs and consumers and home
to legendary retailers and high profile restaurants. S I TE
Walnut Creek is the financial, professional services and
arts center for the Diablo Valley, which serves over 2.5
people in the East Bay.
The downtown core includes several of the premier of-
fice buildings in the East Bay and is home to dozens of
Fortune 500 employers.
The central business district offers a unique blend of
first call retail businesses, premier office buildings, high
density apartment and condominium projects and thriv-
ing arts scene centered around the Lesher Regional
Center for the Arts, which hosts over 500 performanc-
es annually. Supporting this vibrant environment are
eight multi level, downtown parking structures.
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com1406 N Broadway
Demographics
Walnut Creek, CA
1 mi radius 2 mi radius 3 mi radius
POPULATION 2018 Estimated Population 18,025 107,817 219,072
2023 Projected Population 18,569 111,132 225,625
2010 Census Population 15,252 97,184 199,775
2000 Census Population 14,751 95,722 197,734
Projected Annual Growth 2018 - 2023 1% 1% 1%
Historical Annual Growth 2000 - 2018 1% 1% 1%
2018 Median Age 38 45 43
DAYTIME POPULATION ADJ Daytime Demographics Age 16 years or Over 37,377 104,792 176,438
HOUSEHOLDS 2018 Estimated Households 8,682 48,334 88,590
2023 Projected Households 8,960 49,951 91,484
2010 Census Households 7,404 44,177 82,094
2000 Census Households 7,211 43,419 81,316
Projected Annual Growth 2018 - 2023 1% 1% 1%
Historical Annual Growth 2000 - 2018 1% 1% 1%
RACE AND ETHNICITY 2018 Estimated White 69% 74% 70%
2018 Estimated Black or African American 5% 3% 3%
2018 Estimated Asian or Pacific Islander 15% 15% 15%
2018 Estimated American Indian or Native Alaskan 0% 0% 0%
2018 Estimated Other Races 10% 8% 12%
2018 Estimated Hispanic 14% 10% 17%
INCOME 2018 Estimated Average Household Income $126,650 $154,107 $161,558
2018 Estimated Median Household Income $101,246 $118,561 $122,718
2018 Estimated Per Capita Income $61,078 $69,170 $65,419
EDUCATION (AGE 25+) 2018 Estimated Elementary (Grade Level 0 - 8) 1% 1% 3%
2018 Estimated Some High School (Grade Level 9 - 11) 2% 2% 3%
2018 Estimated High School Graduate 11% 10% 11%
2018 Estimated Some College 19% 17% 18%
2018 Estimated Associates Degree Only 5% 6% 7%
2018 Estimated Bachelors Degree Only 38% 39% 36%
2018 Estimated Graduate Degree 24% 25% 23%
BUSINESS 2018 Estimated Total Businesses 3,885 8,410 13,721
2018 Estimated Total Employees 32,614 68,767 105,923
2018 Estimated Employee Population per Business 8 8 8
2018 Estimated Residential Population per Business 5 13 16
JOHN CUMBELICH JOHN CUMBELICH & ASSOCIATES
john@cumbelich.com 1330 N Broadway, Suite 200A
t. 925.935.5400 X101 Walnut Creek, CA 94596
CA-DRE Lic #01006249 www.cumbelich.com1406 N Broadway
Walnut Creek, CA
A 5,196 SF Free standing Retail Building surrounded by a vibrant
collection of global brands and one-of-a-kind local concepts –
all within steps to the downtown retail core and Broadway Plaza.
JOHN CUMBELICH
john@cumbelich.com
t. 925.935.5400 X101
CA-DRE Lic #01006249You can also read
