Bank Of The Orient 317-319 6th Ave 7 492 pi² Commerce de détail Immeuble San Francisco, CA 94118 10 941 243 $ CAD (1 460,39 $ CAD/pi²) 5,26% Taux de capitalisation

317–319 6th Avenue offers investors the opportunity to acquire a long-term, single-tenant, triple net (NNN) investment in San Francisco’s highly desirable Richmond District.

This 7,492-square-foot property is secured by a 15-year lease executed in June 2020, with approximately 10 years remaining on the base term and 3% annual rent increases. The tenant, Bank of the Orient, is a strong national-credit operator with over 55 years at this location, providing stable cash flow with built-in income growth through 2035, with an additional five-year extension option. The lease is structured as a true NNN lease, under which the tenant is responsible for property taxes, insurance, maintenance, and repairs. This structure limits landlord expense exposure and provides predictable, passive income, while the scheduled annual increases drive long-term yield expansion.

317–319 6th Avenue is situated in the Richmond District of San Francisco, a well-established, highly walkable urban neighborhood directly north of Golden Gate Park and bounded by the Presidio, Lincoln Park, and Ocean Beach. The Richmond District combines residential stability with neighborhood-oriented retail and cultural amenities, making it a desirable place to live and do daily commerce. Approximately 58,000 residents, with a median age in the low-40s and a diverse cultural profile that includes strong Asian, Russian, and Eastern European influences, live here.

The Inner Richmond, near the 6th Avenue and Geary/Clement corridors, features exceptional walkability, with everyday amenities, transit, and neighborhood services easily accessible on foot. Walk Score data in the area registers 98 with a Bike Score of 96, indicating that most errands can be accomplished without a car. Multiple Muni routes (including the 38 Geary and 38R Rapid) provide direct east-west transit connections to downtown and beyond. Transit connectivity is considered excellent for daily commuting and access to core city markets. Richmond’s atmosphere is characterized by a blend of urban vibrancy and residential calm. The Inner Richmond, in particular, is known for its food-centric culture, neighborhood-oriented cafés and shops, and a strong community identity that is less tourist-driven than other San Francisco corridors.

This offering represents a rare chance to secure a reliable, income-generating asset in one of San Francisco’s most dynamic and stable neighborhoods. With its prime location, strong tenant, and long-term lease structure, 317–319 6th Avenue stands out as an exceptional investment opportunity for those seeking both security and growth potential.