Listed by Compass Commercial
$1,550,000
10-20 29th St
Details
Property Type Retail
Sub Type Restaurant
Cap Rate 5.40%
Occupancy 100%
Tenancy Single
Lease Type NNN
Rent Bumps Yes
Pro-Forma Cap Rate 7.97%
Price per SqFt $414
Investment Type Stabilized
High Foot Traffic Corridor Retail | 5.40% CAP | 7.97% Cap Jan 2027
Marketing description
This offering presents the opportunity to acquire two (2) commercial condominium units operating as a fully built-out restaurant investment in San Francisco. The units are leased to Komaaj Mazze Wine Bar under a NNN lease structure, providing investors with stabilized, income-producing retail real estate. Located in the Mission/Bernal/Noe Corridor with high foot traffic and strong rent bumps in place.
Investment highlights
NNN Lease
Strong Rent Increase in Place
High Foot Traffic Cooridor
Built in 2004
Listing Contacts
Listed by Compass Commercial
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