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    1/2 BATHS
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Listing Details

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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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© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Global Living. Data last updated: 2021-09-16T23:57:01.893.
www.yourplacebythebay.com/homes/119326526
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2029 Market Street San Francisco, CA 94114

  • Price: $6,000,000
  • Status: Active
  • Updated: 153 min ago
  • ID#: 421563745
0
Beds
0
Baths
0
½ Baths
0.17
Acres
5,000
SQFT
$1,200
$/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 Availability Date 1/1/1800 12:00:00 AM 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 Load Factor 0 Office Sq Ft 0 Percent Office 0 Property Sub Type Retail Property Type Commercialsale Rentable Yes Retail Sq Ft 5000 Warehouse Sq Ft 0

Listing information © 2021 Bay Area Real Estate Information Services.
Listing courtesy of Randy Waller of W Real Estate.


© 2021 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Global Living. Data last updated: 2021-09-16T23:57:01.893.
 
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Corcoran Global Living
215 West Portal Ave
San Francisco CA, 94127