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11459053
11459054

699 2nd St, San Francisco, CA 94107 For Sale

DN
CA CA 01509978
Compass San Francisco
Listed by Compass San Francisco
$2,250,000
1144 days on market
Updated 61 days ago

699 2nd Street

Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 3,300
Cap Rate 5.00%
Tenancy Single
Lease Term 5
Lease Expiration 05/31/2028
Remaining Term 1.9
Lease Options 1
Price per SqFt $682
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.82
Lease Commencement 06/01/2023

Office | 5.00% CAP | 3,300 SF

Marketing description

699 2nd Street is a fully leased ± 3,300 square foot retail/office condominium located in the heart of San Francisco’s bustling South Beach district. The space boasts a sleek and modern design with high ceilings, large windows, and an abundance of natural light. The open floor plan allows for maximum flexibility and can easily accommodate a variety of business types.

The unit features a large storefront with large windows, providing maximum visibility for any business. The space is perfect for a variety of retail and office uses. The office area features a two conference rooms, and a kitchenette.

The office area is equipped with state of-the-art technology, including high-speed internet and advanced telecommunications.

The building features an electronic security system and is accessible 24/7. Additional amenities include a rooftop deck with breathtaking views of the city, and six (6) deeded parking spaces in a gated garage. Five of which are currently leased to the tenant. The location is easily accessible by public transportation and is surrounded by a variety of tech firms, restaurants, shops, hotels, the Embarcadero, Oracle Park, and Chase Center.

Investment highlights

  • Fully-Leased Retail/Office Condominium

  • Renovated Ground Floor Space

  • Unit Size: ± 3,300 Sq Ft

  • Asking Price: $2,250,000

  • Cap Rate: 5.0%

  • Gross Annual Income: $150,000

  • Six (6) Deeded Parking Spaces

  • One (1) Block To South Park & Oracle Park

Listing Contacts

DN
CA CA 01509978
Compass San Francisco
Listed by Compass San Francisco

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Additional Information

Name
Davis Nguyen
License
CA 01509978
Brokerage Phone
415-418-4171
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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