Updated Aug 14, 2026
Keith Dudum Of Lafayette Land Company Acquires Retail Property In Walnut Creek For $4.2M
1399 North Main Street
$4,200,000
$714/SF
Building Size
5,882 SF
Asset Type
Retail
Closing
Oct 10, 2022
About this deal
AI
The retail property located at 1399 North Main Street in Walnut Creek has been sold. The transaction took place at a sale price of $4,200,000. The property has a total square footage of 5,882, which translates to a price per square foot of $714.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,200,000
- Address: 1399 North Main Street
- Market: Walnut Creek
- Square Footage: 5,882
- Price Per Square Foot: $714
- Buyer: Keith Dudum - Lafayette Land Company
- Seller: Glen Phillips Trust
Keith Dudum represented Lafayette Land Company in the purchase, while the seller was represented by Glen Phillips Trust, facilitating this transaction in Walnut Creek.
Walnut Creek Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93