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1 Unit Available

Unit A

Unit Size 5,000 SF
Price $6,783,529 CAD
Price Per SF $1,356.71 CAD
Condo Use Office/Retail
Sale Type Investment
Cap Rate 8.50%
NOI $576,599.99 CAD
Sale Notes

Upper Market Investment Opportunity in SF. Fully leased, 5000 square foot commercial condo leased to an industry leading cannabis dispensary, Apothecarium SF. This ground floor commercial condo is fully remodeled with high end interior finishes, and is accessed directly off of Market St. with full ADA accessibility. With a newly signed absolute NNN lease extension, and multiple extensions in place, this is a stable investment opportunity. Included in the lease are base rent escalations and a minimum percentage rent kicker that provides above market rents and additional upside.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 28,840 SF
Property Type Multifamily (Condo)
Property Subtype
Apartment
  • General Retail Drugstore
  • Office Medical
Building Class C
Floors 4
Typical Floor Size 5,000 SF
Year Built 1995
Lot Size 0.18 AC
Zoning NC3

Amenities

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Package Service
  • Public Transportation
  • Smoke Detector
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Very bikeable
80/100
  • Listing ID: 31951670

  • Date on Market: 2024-05-29

  • Last Updated:

  • Address: 2027-2029 Market St, San Francisco, CA 94114

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