2761 16th St - Storefront FOR SALE


San Francisco, CA 94103- Mission
$9,995,000 USD
858-373-3184
2761 16th St, San Francisco, CA for Sale
$9,995,000 USD
Storefront - FOR SALE
1/11
null | 7.16% Cap Rate

2761 16th St
San Francisco, CA 94103
Mission


HIGHLIGHTS

  • Long Term 12+ Year Corporate Backed Lease Featuring a 10% Rental Increase in 2028 and 2033, and FMV at Each Option w/ Annual 2% Increases.
  • High Quality Condominium Investment. Complete Renovation in 2022 w/ All New Systems, New Roof, and Full Seismic and Structural Retrofit.
  • DaVita is a leading provider of dialysis treatment, ranking as one of the largest in the world.
  • Within the Mission District of San Francisco - a Central & Dynamic Neighborhood Renowned for its Cultural Richness and Strong Connection to the City.
  • Extremely Dense San Francisco Submarket with over 792k People Residing within a 5-Mile Radius. Affluent Area.

OVERVIEW

12+ Year Term | Mission District: Vibrant, Cultural, Tech Hub | Life-Sustaining Kidney Healthcare | Infill San Francisco: 792k+ People w/in 5-Mile Radius | Affluent Area: $162k+ Avg. HHI | Complete 2022 Renovation | Highly Walkable, Bike-Friendly w/ Transit Access | Minutes from Top Hospitals | Near UCSF Mission Bay

FOR SALE DETAILS

PRICE

$9,995,000 USD

PRICE/SF

$582 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DAVITA DIALYSIS | INFILL SAN FRANCISCO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,046 SF

ZONING

M1, San Francisco

APN/PARCEL ID

3572-020A

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.