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L'Ardoise Bistro 151 Noe St 1,100 SF Retail Building San Francisco, CA 94114 $1,383,462 CAD ($1,257.69 CAD/SF) 7.75% Cap Rate

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Investment Highlights

Established San Francisco Restaurant | Longstanding Tenant Commitment
Parking & Accessibility
Affluent Demographics | Strong Consumer Base

Prime San Francisco Location | Dense Urban Trade Area
Proximity to Downtown & Transit Connectivity

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Restaurant investment property located in San Francisco, CA. The tenant, L’Ardoise Bistro recently exercised their 5-year option to extend, demonstrating their commitment to the site. The lease features 4% rental increases every year throughout the initial term and 5% at the beginning of the option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.