1518 Bonanza Street Walnut Creek, CA - John Cumbelich ...
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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
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
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 d yR lle Va Restaurants cio na Fuddruckers Retail Yg 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 r cD Mike’s Bikes Beal Bank Montecatini Ristorante Crepes Ooh La La Massimo Ristorante Kaiwa Sushi Karumi i Civ 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 Mai Sweetwaters Coffee Dry Bar Caffe La Scalla Phoenix Salon/Spa Havana Athletic Outpost n St Com N Br Stem Salon Mr. Lucky’s 1515 Restaurant Music Exchange Modern China Oyama Sushi Orangetheory Fitness Urban Alley Locu oadw merc N Ca Lincoln Maria Maria st St Subway Babalous liforn ial L Opa! Bombay Indian Prima ay Ramen Hiroshi Extreme Pizza Silk Road Lottie’s Creamery Sasa Momo’s Cheesesteak Shop ia Bl n Walnut Creek Yacht Club Wells Fargo St anza vd 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 St 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
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 N Ma Opa! Changes Salon/Spa Marsha Tobias Salon Crepes Ooh La La Financial Maria Maria Services N Br in St Prima American Cancer Buon Vino Discovery Shop Com oadw Modern China Prima Vini – 14, N Califo Kaiwa Sushi Mr. Green Bubble merc Oyama Sushi 600 ay Head to Toe Spa Orangetheory Ming ial L Insignia Salon Bombay Indian Locu ADT nia Blvd Fitness Quong Vitality Bowls Plearn Thai n st St Mr. Lucky’s 1515 Restaurant Brass Bear Deli r 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 nza S Bona 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 N Ca Piano Forget Me Not Flowers Subway Nang Sida liforn Jos. A Bank Massage Ramen Hiroshi La Soi Bridal ia Canvas & Babaloo’s Blvd Cabernet Eyeworks Momo’s – 20 Sauced Mel’s Diner V&V Jewely CrossFit BBQ & Spirits t ,600 Urban Alley ess S 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
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
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
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
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
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
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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