153 KEARNY ST San Francisco CA 94108

Colliers International as Exclusive Advisors to the Seller, are pleased to present the opportunity to acquire 153 Kearny Street / 217 Sutter Street, commonly referred to as 153 Kearny Street (“the Property”).

This is an excellent opportunity for an investor to own a leased asset located at the intersection of Union Square and the Financial District, two highly desirable San Francisco commercial districts with incredibly high barriers to entry.

The Property is a retail commercial condominium, approximately 26,324 square feet, comprised of ±11,050 square feet at the ground level, ±10,696 square feet in a lower level, and ±4,578 square feet on a mezzanine.

There is potential to increase the current square footage on the Mezzanine level by an additional ±3,291, providing future ownership the ability to capture additional income.

The building in which the Property is located was originally constructed in 1909, totaling approximately 85,000 square feet, and was “condominiumized” in 1996. There are currently two (2) tenants under lease, Walgreens and 7-Eleven.

Both tenants have closed the stores, but remain subject to rent. Walgreens’ lease expires July 31, 2031 and 7-Eleven’s lease expires March 31, 2024. The leases are net, both tenants are responsible for taxes and insurance. The tenants occupy the entire ground level, the mezzanine and a portion of the basement, the remaining portion of the basement (± 7,146sf) is currently unoccupied.

The Property benefits from tremendous exposure in a high-traffic location with excellent street frontage on two major thoroughfares. It is surrounded by high-end retailers, restaurants, office towers, and other amenities.

The Property is located within two (2) blocks of major public transit, including BART & Muni. Neighboring areas include Union Square, South of Market (SOMA), Jackson Square, and the Financial District.