345 W Portal Ave - Medical FOR SALE


San Francisco, CA 94127
$7,988,000 USD
415-464-6401
345 W Portal Ave, San Francisco, CA for Sale
$7,988,000 USD
Medical - FOR SALE
1/30
null | 7.18% Cap Rate

345 W Portal Ave
San Francisco, CA 94127


OVERVIEW

This is an outstanding opportunity to purchase an attractive, multi-tenanted medical office building in the affluent West Portal neighborhood in San Francisco. West Portal serves as the principal shopping district in southwestern San Francisco. This is a well maintained, pride of ownership building. It is a light-filled, multi-tenanted, medical and office building in excellent condition. It has a 4.67% in-place cap. rate and will have a 7.18% proforma cap. rate when stabilized. 77.65% occupancy with 4th floor vacant. 17 surface parking spaces at the rear of the building. Elevator served. Great transportation links to San Francisco & Peninsula, muni stops nearby. This is the largest, most prominent medical office building in the West Portal area.

FOR SALE DETAILS

PRICE

$7,988,000 USD

PRICE/SF

$719 USD /SF

CAP RATE

7.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

WPORTL

APN/PARCEL ID

3012-018,3012-019

ASK ABOUT THIS PROPERTY

Catherine HouseSVN | Capital West PartnersMore Info
415-464-6401

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Catherine HouseSVN | Capital West PartnersMore Info
415-464-6401

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