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.
MLS# | 425004763 |
---|---|
Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1995 |
Days On Site | 87 |
Listing Provided By | W Real Estate | Randy Waller |
Story(s) | 1 |
---|---|
Building(s) | 1 |
Acreage | 0.17 |
State | CA |
---|---|
County | San Francisco |
City | San Francisco |
Zip Code | 94114 |
Area | SF District 5 |
Subarea | Mission Dolores |
Listing VS Median (in 94114) | |
Price: $4,950,000 low | high Med: $1,540,000 On site: 87 low | high Med: 9.000000 |