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Faits saillants de l'investissement
- 100% leased to the Regents of the University of California through December 2031, providing exceptional tenant security.
- Located in San Francisco’s Laurel Heights neighborhood, offering proximity to UCSF and major city hospitals.
- Zoning supports neighborhood commercial use, allowing long-term stability and potential adaptability.
- Fully renovated medical office building with seismic upgrades for improved resilience.
- Mission-critical tenancy: UCSF Department of Dermatology has occupied the property for more than 40 years.
Résumé de l'annonce
515 Spruce Street offers a rare opportunity to acquire a recently renovated boutique medical office building in the highly desirable Laurel Heights neighborhood of San Francisco. This single-tenant property is fully leased to the Regents of the University of California, operating as UCSF’s Department of Dermatology, ensuring long-term secure cash flow through December 31, 2031.
The 4,403-square-foot building benefits from historical significance and functional upgrades, including a recent renovation with seismic improvements. Positioned in a mission-critical location for UCSF, the tenant has maintained presence for 40 years, demonstrating strong commitment to the site. Beyond its medical specialization, the property enjoys excellent commuter accessibility, surrounded by affluent demographics and near Laurel Village retail amenities.
With consistent occupancy by an investment-grade tenant, historic identity, and neighborhood infill positioning, 515 Spruce Street presents a compelling long-term investment opportunity in one of San Francisco’s most stable and prestigious medical office markets.
The 4,403-square-foot building benefits from historical significance and functional upgrades, including a recent renovation with seismic improvements. Positioned in a mission-critical location for UCSF, the tenant has maintained presence for 40 years, demonstrating strong commitment to the site. Beyond its medical specialization, the property enjoys excellent commuter accessibility, surrounded by affluent demographics and near Laurel Village retail amenities.
With consistent occupancy by an investment-grade tenant, historic identity, and neighborhood infill positioning, 515 Spruce Street presents a compelling long-term investment opportunity in one of San Francisco’s most stable and prestigious medical office markets.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Sous-type de propriété
Médical
Taille du bâtiment
4 403 pi²
Classe d’immeuble
C
Année de construction
1952
Location
Unique
Hauteur du bâtiment
1 étage
Superficie de plancher typique
4 403 pi²
Coefficient d’occupation des sols de l’immeuble
0,58
Taille du lot
0,17 AC
Zonage
NC-S - Neighborhood Commercial, Shopping Center
Stationnement
7 places (1,59 places par 1 000 pi² loué)
Commodités
- Accessible aux fauteuils roulants
1 1
Exceptionnellement practicable à pied
90/100
Moyennement facile d'accès en voiture
60/100
Transports en commun exceptionnels
100/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | 1036-002 | Évaluation des bâtiments | 823 758 $ CAD |
| Évaluation du terrain | 447 573 $ CAD | Évaluation totale | 1 271 331 $ CAD |
Impôts fonciers
Numéro de lot
1036-002
Évaluation du terrain
447 573 $ CAD
Évaluation des bâtiments
823 758 $ CAD
Évaluation totale
1 271 331 $ CAD
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515 Spruce St
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