1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...

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1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
1518 Bonanza Street
  Walnut Creek, CA
1,492 SF RESTAURANT SPACE FOR LEASE

  John Cumbelich & Associates is pleased to present
1518 Bonanza Street. The subject is a 1,492 square foot,
 2nd generation restaurant space located in the heart
     of Walnut Creek’s historic downtown district.

 Constructed in 1926, this charming historic building
    once served as Walnut Creek’s first firehouse.

    The subject site presents restaurant operators
   with a rare opportunity of a < 2,000 square foot
         space in the heart or Walnut Creek’s
   most vibrant and eclectic dining neighborhood.

                   Joe Kuvetakis
                  joe@cumbelich.com
                   925.935.5400 x124
                 CA BRE LIC #01854159
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
H I G H A LT I T U D E A E R I A L
                                                                                                                                    1518 Bonanza Street
                                                                                                                                       Walnut Creek, CA

                                                                                         Make Your Mark in the East Bay’s Premier Retail & Dining Destination
                                                                                         The site benefits from ample daytime pedestrian traffic driven by the downtown
                                                                                         employment density and growing population, along with Walnut Creek’s long
                                                                                         established reputation as the premier shopping destination in the East Bay.

                                                                                         Surrounded by a vibrant collection of global brands and one-of-a-kind local
                                                                                         concepts, the evening activity is buoyed by the highest concentration of bars and
                                                                                         restaurants in the downtown within a one block radius of the subject site along with the
                                                                                         Downtown Century Theater and the Lesher Center for the Arts.

HIGHLIGHTS
•      2nd generation restaurant space
•      Core, pedestrian friendly, downtown location
•      Historic building (former Walnut Creek Firehouse)
•      Growing downtown population with multi-family developments (1,000 + units) have come online in the last
       12 months (177 unit Lyric, 67 unit Agora at South Main, etc.)
•      Strong mix of daytime and evening population (108K+ for both within a 3 mile radius)
•      Walnut Creek’s most eclectic and vibrant restaurant scene within one block of the subject site

    Joe Kuvetakis                John Cumbelich & Associates
    joe@cumbelich.com            1330 N Broadway, Suite 200A
    925.935.5400 x124            Walnut Creek, CA 94566
    CA BRE LIC #01854159         Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
H I G H A LT I T U D E A E R I A L
                                                                                                                                                                                                                                                                           1518 Bonanza Street
                                                                                                                                                                                                                                                                              Walnut Creek, CA
                                                                                                                                              Mr. Pickles

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                                                                                                                     Arroyo Way
                                                                                                                                                                 Blu42 Sports Bar
                                                                                                                                                                 Chicken Pie Shop
                                                                                                Target                                                           CB Fit
                                                                                                                                                                 Offices
                                                                                                                       Carlback Ave
                                                                                                                                                      Round Table Pizza
                                                                                                  Lacassie Ave
                                                                                                                       Katy’s Kreek
                                                     MERCER (22,000 SF)                                                Residual Sugar Wine Bar

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                                                     Mike’s Bikes Beal Bank                                            Montecatini Ristorante                   Crepes Ooh La La     Massimo Ristorante Kaiwa Sushi   Karumi

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                                                     Dry Bar      Skin Spirit                                          Dan’s Irish Sports Bar                   Vitality Bowls       Vanessa’s Bistro 2 Lettuce       Mixed Grain
                                                     Starbucks    Galaxy Nails                                         Skipolini’s Pizza                        Limon Rotisserie     Changes Salon      Broderick Roadhouse    Lokanta
                                                     Vici         iBar                                                 Beercafe & Bottleshop
                                     680             The Counter                                     Offices                                                       City Hall   Benvenuti Ristorante Impulse Room Jazz Club
                                                                                                                                                                   La Sen      Police Department    OI-C Bowl
                                                LYRIC (APARTMENTS & 18,000 SF RETAIL)
                                                Bank of the West     Buon Vino

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                                                Sweetwaters Coffee   Dry Bar                                                                                     Caffe La Scalla Phoenix Salon/Spa Havana                 Athletic Outpost

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                                                Stem Salon           Mr. Lucky’s                                                                                 1515 Restaurant Music Exchange    Modern China           Oyama Sushi
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                                                                                                                                             Lincoln                Maria Maria

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                                                     Ramen Hiroshi Extreme Pizza                                                                                     Silk Road      Lottie’s Creamery Sasa
                                                     Momo’s        Cheesesteak Shop

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                                                                                                                                                                               Walnut Creek Yacht Club     Wells Fargo
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                                                     Dragon’s Pond       Fuego Tequila Grill                                                                                   Sauced BBQ & Spirits        Jo’s A. Bank
                                                     Peet’s Coffee       Coffee Shop                                 Bon
                                                     House of Bagels     Chalogy                                                                                          Original Mel’s Diner    Cream We Olive & Wine Bar Kara’s Cupcakes ADEGA Wine Bar
                                                                                                                               St                                         Main Street Kitchen     Le Cheval Five Little Monkeys Body Time Deliciouz
                                                     A Pea in the Pod    Big 5 Sporting Goods                             ress
                                                     Diane’s Beachwear                                                 Cyp                                                                                      Tender Greens        Tomatina        Teleferic Barcelona   Vineyard Vines
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                                                                                                                                                              can                                               Brandy Melville      Veggie Grill    Davidson & Licht      Rooftop
                                           THE CORNERS (92,000 SF)                                                                                         Dun                                   Safeway        SF Creamery          La Fogata       Cinco de Mayo         Z Gallerie
                                           Tiffany & Co.    Apple Store         Anthropologie            Offices
                                           Capital One Cafe Urban Outfitters    Tommy Bahamas
                                                                                                                                                                                                    BROADWAY POINTE (80,000 SF)
                                           Apple Store      Koja Kitchen        Union Bank
                                                                                                                                                                                                    Restoration Hardware Starbucks   Il Fornaio         Pottery Barn
                                           Bounty Hunter    Free People         Va de Vi                                     Mt Diablo Blvd                                                         Williams Sonoma      Jamba Juice i-Tea

                                                             OLYMPIA PLACE (115,000 SF)
                                                             Fleming’s Steakhouse Kacha Thai Bistro                                                                                                                  BROADWAY PLAZA          (923,000 SF)
                                                             Title Nine             The Vitamin Shoppe
                       24                                                                                                                 d
                                                                                                                                                                                                                     Neiman Marcus            Nordstrom                NM Cafe
                                                                                                                                  mpic Blv
                                                             Take One Pizza         Century Theatre                                                                                                                  Nordstrom Cafe           Sur La Table             Macy’s
                                                             Cost Plus World Market Sleep Number                              Oly
                                                                                                                                                                                                                     Crate & Barrel           Banana Republic          H&M
                                                             Cycle Scape            Bay Greens                                                                                                                       True Food Ki
                                                                                                                                                                                                                               Kitch
                                                                                                                                                                                                                                  tc en       Boudin San Francisco     Gap
                                                             Pure Barre                                                                                                                                              PF Chang’s               Stanford’s Restaurant    Madewell
                                                                     PLAZA ESCUELA(153,565 SF)                                                             Dr
                                              680                                                                                                    lho
                                                                     Cheesecake Factory
                                                                     Ike’s Sandwiches
                                                                                           Pressed Juicery
                                                                                           Mens Wearhouse
                                                                                                                                              Bote
                                                                     Pizza My Heart        Tilly’s                                                                                                                  AGORA AT SOUTH MAIN (APARTMENTS + 35,000 SF RETAIL)
                                                                     Buckhorn Grill        The Container Store                                                                                                      Pacific Catch California Pizza Kitchen TD Ameritrade
                                                                     Panera Bread          Chipotle                                                                                                                 Starbucks     Omni Fight Club          T Mobile
                                                                     Starbucks             Ruth’s Chris Steakhouse
                                                                     Forever 21            Uniqlo                                                                MAIN STREET PLAZA (17,636 SF)
                                                                     Yogaworks                                                                Trader             Paper Source    Ross                       Whole
                                                                                                                                              Joe’s              Gott’s Roadside BBQ’s Galore               Foods
                                                                                                                                                                 Sunrise Bistro
                                                                                                                                                Ave
                                                                                                                                      Newell

Joe Kuvetakis
joe@cumbelich.com
925.935.5400 x124
CA BRE LIC #01854159
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
Pro Home Sys                                                                             Walnut Creek
                                                                                                                          US Bank

                                                                                                                                                                                                               1518 Bonanza Street
                                                                                                                                                          City Hall
                                                       Lettuce
               Lesher Center                                                                                                                                                                                                                               Walnut Creek
       L O Wfor the
                 A LArtsT I T U D E A E R I A L
                                                                                                                                                                                                                  Walnut Creek, CA
                                                                                                                                                                                                                                                             Library
                                                                         Turquoise Hair
                                                                           & Makeup                                       Phoenix Salon                   UPS Store
                                                                                                                           & Day Spa
                                                                 Str8 Edge                                                                                   OI-C Bowl
                                                                Barbershop
                                                                                                                            Barber Shop                                  La Sen Bistro
                             Parking                                                                                         Copy Mat                                    Stadium Pub
                            664 Spaces                                                                                                   Design
                                                                     Mossimo Ristorante                                                   Haus                                               Bonanza St
                                 Wine Hardware                                                                                      Un Deux Trois
                                                                             Kurumi
                                  Hirsch Vision

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                                                                                                                                                                                     Opa!                          Changes Salon/Spa
                            Marsha Tobias Salon                              Crepes Ooh La La                                             Financial                                                                                                         Maria Maria
                                                                                                                                          Services

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                                                                                                                                                                                     Prima
                                                                               American Cancer
                                         Buon Vino                             Discovery Shop

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                                                                                                                                    Modern China                                      Prima Vini

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                                                                                Kaiwa Sushi
                                    Mr. Green Bubble

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                   LYRIC                                                              Limon Rotisserie                                        & Lounge
             APARTMENTS + RETAIL                     Thirteen
                                                                                 Lokanta                                                                                                      Comerica Bank                        Eliz Nicole Salon
                                             Delucchi Jewelry                                                                                                                                                                        Zebra Tatoo
                                                                                      Vanessa’s Bistro                                Havana
                                                  Sunglassess                                                   Salon                                                                              Silk Road
                                                                                                               Eyecare
                                                                                                         Mixed Athletic                                                                               Super Cuts
                                                                                         Broderick       Grain Outpost             t                                                                                                                                        Sprint Store
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                                                                                        Roadhouse                                                                                                                                    Polished Perfection
                                                                                                                                                      Wells Fargo                                       Sasa
              Bank of                                  Dry Bar
             the West                                                                                                PG&E
                                                                                                                                                                                                     Consign Couture                            Bath Store
                                                                                                Walnut Creek
                             Sweetwater                                                          Yacht Club                                                                                            Lottie’s Creamery
                Stem         Coffee & Tea
                                                                      Steinway                                                                                                                       Cotyledon Salon
                Salon                                                                                                                                                                                Schroder Insurance
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                                                                                                                                                                                                        Forget Me Not Flowers
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                                                                                                                                                                          Jos. A Bank                                                                    Massage
                                  Ramen Hiroshi
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                                                                        Canvas &
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                                                                        Cabernet                                                                                                                                                                           Eyeworks
                        Momo’s
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                                                                                                               Sauced                                                                                                Mel’s Diner                           V&V Jewely
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                                                                                                             BBQ & Spirits
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                                                                   Urban Alley
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                                                                                                                                                                                                                     Kara’s Cupcakes
                                                                                                                                            Cypr                                                                      Main St Rags
              ADT

                                                                                                                                                                                       A1 Shoe Repair                 ADEGA Wine Bar
                            Woodhouse                                                                                                                                                                                                                           Le Cheval
                             Day Spa                Extreme Pizza       Cheesesteak                                                                                                                                   Body Time
                                                                           Shop                                                     Pampered Nails           Decors de France                                              Cream
                                                                                                                                                                                                                          Main Street Kitchen

       Joe Kuvetakis                              John Cumbelich & Associates
       joe@cumbelich.com                          1330 N Broadway, Suite 200A
       925.935.5400 x124                          Walnut Creek, CA 94566
       CA BRE LIC #01854159                       Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
A DINING DESTINATION
                                                                           1518 Bonanza Street
                                                                              Walnut Creek, CA

                                                                                                   Restaurants

                                                                                     The trade area supports
                                                                                  dining out – there are over
                                                                                100 restaurants in downtown
                                                                                  Walnut Creek ranging from
                                                                                         casual to fine dining.
                                                     1518 Bonanza Street

Joe Kuvetakis          John Cumbelich & Associates
joe@cumbelich.com      1330 N Broadway, Suite 200A
925.935.5400 x124      Walnut Creek, CA 94566
CA BRE LIC #01854159   Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
STRONG DEMOGRAPHICS DRIVE THE MARKET
                                                                                                                                                1518 Bonanza Street
                                                                                                                                                   Walnut Creek, CA

                   ROBUST POPULATION                                           THINGS TO DO AND SEE
                   2017 estimated population of 389,438 in a fifteen
                   minute drive time
                                                                               SHOPPING The subject property is strategically positioned in the center of the charming Historic downtown and the
                                                                               institutionally owned new downtown anchored by Marcus, Nordstrom and Macy’s. Nearby premium brands include
                   HIGH VOLUME                                                 Tiffany & Co., Pottery Barn, Crate & Barrel, Restoration Hardware, Gap, Uniqlo, Apple, and H&M.
                   Retail sales of ± 2.5 billion spent in Walnut Creek
                   each year
                                                                               DINING Walnut Creek is home to scores of award winning and eclectic dining establishments including Lark Creek, Va de
                                                                               Vi, Tender Greens, Prima, Vic Stewart’s, Flemings, Teleferic Barcelona, and The Cheesecake Factory.
                   AFFLUENT
                   2017 estimated average household income of                  ENTERTAINMENT A thriving art scene centered around Lesher Center for the Performing Arts, the premier destination
                   $159,691 in a five mile radius                              for the arts in Contra Costa county plus a 14 screen Century Theatre.

                   DAYTIME GENERATORS
                   2017 estimated daytime population of 179,897 in a
                   five mile radius

DOWNTOWN WALNUT CREEK –
NORTHERN CALIFORNIA’S TOP RETAIL DOWNTOWN
Walnut Creek is the East Bay Area’s premier city for upscale retailers,
restaurateurs and consumers.
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 office 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 retailers,
premier office buildings, high density apartment and condominium
projects and a thriving arts scene centered around the Lesher Regional
Center for the Arts, which hosts over 500 performances annually.
Supporting this vibrant environment are eight multi level, downtown
parking structures.

  Joe Kuvetakis                            John Cumbelich & Associates
  joe@cumbelich.com                        1330 N Broadway, Suite 200A
  925.935.5400 x124                        Walnut Creek, CA 94566
  CA BRE LIC #01854159                     Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
FLOOR PLAN
                                                     1518 Bonanza Street
                                                        Walnut Creek, CA

Joe Kuvetakis          John Cumbelich & Associates
joe@cumbelich.com      1330 N Broadway, Suite 200A
925.935.5400 x124      Walnut Creek, CA 94566
CA BRE LIC #01854159   Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
FLOOR PLAN
                                                     1518 Bonanza Street
                                                        Walnut Creek, CA

Joe Kuvetakis          John Cumbelich & Associates
joe@cumbelich.com      1330 N Broadway, Suite 200A
925.935.5400 x124      Walnut Creek, CA 94566
CA BRE LIC #01854159   Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
INTERIOR PHOTOS
                                                     1518 Bonanza Street
                                                        Walnut Creek, CA

Joe Kuvetakis          John Cumbelich & Associates
joe@cumbelich.com      1330 N Broadway, Suite 200A
925.935.5400 x124      Walnut Creek, CA 94566
CA BRE LIC #01854159   Tel 925.935.5400
1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
DEMOGRAPHICS
                                                                                                                                                                                         1518 Bonanza Street
                                                                                                                                                                                            Walnut Creek, CA
                                                                               1-MILE       3-MILE           5-MILE
Population             2017 Estimated Population                                17,643      108,792           220,267
                       2022 Projected Population                                18,658      114,659           232,028
                       2010 Census Population                                   15,402       97,109           199,803
                       2000 Census Population                                   14,845       95,659           197,750
                       Projected Annual Growth 2017-2022                          1.2%          1.1%              1.1%
                       Historical Annual Growth 2000 to 2017                       1.1%        0.8%              0.7%
                       2017 Median Age                                             37.6        44.8               42.9
                       Adj Daytime Population 16 Years +                        38,154      108,795           179,897

Households             2017 Estimated Households                                 8,274        47,387           86,571
                       2022 Projected Households                                 8,653        49,452           90,266
                       2010 Census Households                                    7,420        44,178            82,142
                       2000 Census Households                                    7,227        43,428           81,382
                       Projected Annual Growth 2017 to 2022                       0.9%          0.9%             0.9%
                       Historical Annual Growth 2000 to 2017                      0.9%          0.5%             0.4%

Race & Ethnicity       2017 Estimated White                                      70.8%        74.8%             71.0%
                       2017 Estimated Black or African American                    3.7%        2.8%              3.0%
                       2017 Estimated Asian or Pacific Islander                   15.1%       14.6%             14.3%
                       2017 Estimated American Indian or Native Alaskan            0.3%        0.2%              0.3%
                       2017 Estimated Other Races                                 10.1%        7.6%              11.4%
                       2017 Estimated Hispanic                                    13.7%       10.0%             17.0%

Income                 2017 Estimated Average Household Income                 $131,903     $151,964         $159,691
                       2017 Estimated Median Household Income                  $99,404      $115,846         $118,935
                       2017 Estimated Per Capita Income                         $62,017      $66,393         $62,968

Education              2017 Estimated Elementary (Grade Level 0 to 8)             1.0%         1.0%               2.9%
                       2017 Estimated Some High School (Grade Level 9 to 11)      2.1%          1.8%              2.9%
                       2017 Estimated High School Graduate                       10.5%        10.2%              11.8%
                       2017 Estimated Some College                               17.4%         17.1%             17.7%
                       2017 Estimated Associates Degree Only                      4.6%          6.1%              6.5%
                       2017 Estimated Bachelors Degree Only                      38.9%        37.8%             34.8%
                       2017 Estimated Graduate Degree                            25.5%        26.0%             23.4%

Business               2017 Estimated Total Businesses                           3,692         7,831            12,773
                       2017 Estimated Total Employees                           33,402       72,344           108,274
                       2017 Estimated Employee Population per Business              9.0          9.2                8.5
                       2017 Estimated Residential Population per Business           4.8         13.9               17.2

Joe Kuvetakis                     John Cumbelich & Associates
joe@cumbelich.com                 1330 N Broadway, Suite 200A                              The information contained in this document has been secured from sources we believe
925.935.5400 x124                 Walnut Creek, CA 94566                                    reliable, but we make no representations or warranties, expressed or implied, as to the
                                                                                          accuracy of the information. We bear no liability for any errors, inaccuracies or omissions.
CA BRE LIC #01854159              Tel 925.935.5400
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