This is a prime retail investment property
located adjacent to the Broadway Plaza regional mall in downtown
Walnut Creek, California, some 30 miles east of San Francisco. Leased to Barnes & Noble, Inc.,
the building features 30,000 sq.ft. of retail space on two
levels, with two additional levels of underground parking.
Walnut Creek serves as the business and cultural center of
the East Bay region of San Francisco's Bay Area. The Olympic/Main
building has been a well-received addition to Walnut Creek's
thriving downtown pedestrian retail district.
The
property was acquired in 1993, and development was completed
in 1996 under a joint venture between Patson Development Company
and London Merchant Securities. The Barnes & Noble lease
expires in August, 2015, with three five-year extension options.
The building was completed in 1996 under a joint
venture between Patson Development Company and London Merchant
Securities. |