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Walnut Creek Chili's Fetches $398 PSF

Investor Acquires Retail Bldg. on Locust Street
May 29, 2009
The Pastorino Land Co. sold the Chili's Restaurant at 1403 Locust St. in Walnut Creek, CA, to Garo Keadjian for $2.3 million, or about $398 per square foot.

Built in 1990, the property is on 0.1446 acres on the west corner of Locust Street and Cypress Street. The 5,778-square-foot retail building is zoned PR and was built in 1990.

Michael Cisternino with Marcus & Millichap in Oakland represented both the seller and the buyer.

Please refer to CoStar COMPS #1687377 for more information.

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