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2029 Market Street

San Francisco, CA 94114
  • $4,950,000
  • STATUS: Active
  • ON SITE: 196 Days
  • ID#: 424020786
UPDATED: 60 min ago
$4,950,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $990
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Description

Upper Market Investment Opportunity in SF. Fully leased, 5000 square foot commercial condo leased to an industry leading cannabis dispensary, Apothecarium SF. This ground floor commercial condo is fully remodeled with high end interior finishes, and is accessed directly off of Market St. with full ADA accessibility. With a newly signed absolute NNN lease extension, and multiple extensions in place, this is a stable investment opportunity. Included in the lease are base rent escalations and a minimum percentage rent kicker that provides above market rents and additional upside.

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Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-04T20:56:37.08.
www.hiraethhomes.com/homes/149664173
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2029 Market Street San Francisco, CA 94114

  • Price: $4,950,000
  • Status: Active
  • On Site: 196 Days
  • Updated: 60 min ago
  • ID#: 424020786
0
Beds
0
Baths
0
½ Baths
0.17
Acres
5,000
SQFT
$990
$/SQFT
1995
Built
Neighborhood:
Sf District 5
County:
San Francisco
Area:
Sf District 5
Property Description
Upper Market Investment Opportunity in SF. Fully leased, 5000 square foot commercial condo leased to an industry leading cannabis dispensary, Apothecarium SF. This ground floor commercial condo is fully remodeled with high end interior finishes, and is accessed directly off of Market St. with full ADA accessibility. With a newly signed absolute NNN lease extension, and multiple extensions in place, this is a stable investment opportunity. Included in the lease are base rent escalations and a minimum percentage rent kicker that provides above market rents and additional upside.
Exterior Features

Parking Total 0 Road Frontage Type City Street

Interior Features

Floor 0

Property Features

Auction No Building Features Restroom(s)-PrivateReception AreaOther Restroom FacilitiesManager's OfficeDisplay Window Business Type Dispensary Current Use Retail Dock Doors 0 Industrial Sq Ft 0 Lease Deposit 0 Lease Type Net Leased 99.99 Lessee Pays Absolute NNN Lessor Pays Absolute NNN Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Condition Interior-ExcellentExterior-Good Property Sub Type Retail Property Type Commercial Sale Rentable Yes Retail Sq Ft 5000 Tenant Pays WaterTrash CollectionTaxesSewerMaintenanceJanitorial ServicesInsuranceGasElectricityCommon Area Maintenance Warehouse Sq Ft 0

Listing information © 2024 Bay Area Real Estate Information Services. Listing courtesy of Randy Waller of W Real Estate: 707-591-0570.


Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-11-04T20:56:37.08.
 
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Hiraeth Homes
500 Bicentennial Way Ste. 310
Santa Rosa CA, 95403