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12896787
12896788

505 Montgomery Street, San Francisco, CA 94111

PF
CA 02129594
Peninsula Land & Capital
RF
CA 00993646
Peninsula Land & Capital
Peninsula Land & Capital
Peninsula Land & Capital
Listed by Peninsula Land & Capital
Undisclosed Rate
37 days on market
Updated 37 days ago

505 Montgomery

Building Details
Property Type Office
Tenancy Multiple
Lease Type NNN
Class A

Spaces

Office | 13 spaces available | 1,494 SqFt - 15,023 SqFt

Building description

505 Montgomery is an institutional-quality Class A office tower located in the North Financial District of San Francisco. The property features a strong $76M cash flow with a 6.4-year WALT, solid yields, and lease-up upside. Over $38.4M ($112 PSF) has been invested since 2015 in capital projects and tenant improvements. The building showcases a center core design with flexible column-free floor plans and compelling basis at a significant discount to historical pricing and replacement cost. A long-term commitment with Latham & Watkins anchors the property, occupying 35% of the building. The distinctive architecture includes top six floors with panoramic windows and superior views, ample setbacks, and expansive windows providing abundant natural light. The convenient Financial District location offers excellent amenities and transit access.

Building highlights

INSTITUTIONAL-QUALITY CLASS A OFFICE TOWER LOCATED IN THE NORTH FINANCIAL DISTRICT, STRONG $76M CASH FLOW, 6.4-YEAR WALT, SOLID YIELDS & LEASE-UP UPSIDE, OVER $38.4M ($112 PSF) INVESTED SINCE 2015 IN CAPITAL PROJECTS AND TENANT IMPROVEMENTS, CENTER CORE DESIGN WITH FLEXIBLE COLUMN-FREE FLOOR PLANS, COMPELLING BASIS: SIGNIFICANT DISCOUNT TO HISTORICAL PRICING AND REPLACEMENT COST, A LONG-TERM COMMITMENT WITH LATHAM & WATKINS ANCHORS, OCCUPIES 35%,, DISTINCTIVE ARCHITECTURE: TOP SIX FLOORS, PANORAMIC WINDOWS & SUPERIOR VIEWS, AMPLE SETBACKS, EXPANSIVE WINDOWS: ABUNDANT NATURAL LIGHT, CONVENIENT FINANCIAL DISTRICT LOCATION: AMENITIES AND TRANSIT ACCESS

Listing Contacts

PF
CA 02129594
Peninsula Land & Capital
RF
CA 00993646
Peninsula Land & Capital
Peninsula Land & Capital
Peninsula Land & Capital
Listed by Peninsula Land & Capital

Map

Property History

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