LIGHT INDUSTRIAL BUILDING FOR LEASE AND SALE

2730 Mitchell Drive offers a unique blend of educational, medical, and R&D potential, making it an attractive asset for a range of users seeking a well-located, highly functional space in Walnut Creek’s thriving commercial district. The property was developed in 2009 for Varian Medical Systems as a high-end build to suit 60% office / 40% lab facility. The property originally housed five labs, including a wet lab, and is equipped with robust infrastructure such as 2,000-amp, 480-volt, 3-phase power. Given the growing demand for R&D and lab space, the existing improvements and extensive power capacity present an opportunity to reposition the asset beyond its current educational use, attracting tenants from sectors such as biotech, life sciences, incubator lab, or high-tech/cloud industries.

Lease Note
±43,702 SF Existing School / R&D Lab Building on ±4.54 Acres. A newly constructed 43,702 SF building situated on 4.54 acres within the Shadelands Business Park in Walnut Creek, CA. The property is currently leased by Contra Costa School of Performing Arts, and it will be delivered vacant in June of 2025. The Conditional Use Permit (CUP) approvals for the property were modified in 2018 by the City of Walnut Creek to expand the maximum student enrollment from 500 to 725 students. This expansion prompted several extensive facility upgrades, ensuring the site’s adaptability for educational use, making it a state-of-the-art facility. For a school user the property is ideally situated across the street from the Shadelands Sports Mall, a 227,000-square-foot, cutting-edge sports training facility. The Sports Mall houses 10 high-caliber sports businesses, offering state-of-the-art equipment and training methods.

Sale Note
±43,702 SF Existing School / R&D Lab Building on ±4.54 Acres. A newly constructed 43,702 SF building situated on 4.54 acres within the Shadelands Business Park in Walnut Creek, CA. The property is currently leased by Contra Costa School of Performing Arts, and it will be delivered vacant in June of 2025. The Conditional Use Permit (CUP) approvals for the property were modified in 2018 by the City of Walnut Creek to expand the maximum student enrollment from 500 to 725 students. This expansion prompted several extensive facility upgrades, ensuring the site’s adaptability for educational use, making it a state-of-the-art facility. For a school user the property is ideally situated across the street from the Shadelands Sports Mall, a 227,000-square-foot, cutting-edge sports training facility. The Sports Mall houses 10 high-caliber sports businesses, offering state-of-the-art equipment and training methods.