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2412-2414 Lombard St

3,513 SF 100% Leased Retail Building San Francisco, CA 94123 £2,664,228 (£758/SF) 9.20% Net Initial Yield

EXECUTIVE SUMMARY

Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.

ATTACHMENTS

Marketing Brochure/Flyer

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,513 SF
Building Class
B
Year Built
1915
Price
£2,664,228
Price Per SF
£758
Net Initial Yield
9.20%
NOI
£245,109
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.34
Lot Size
0.06 AC
Zoning
NC3 F2
Frontage
32 ft on Lombard St

AMENITIES

  • Bus Route
1 of 1
Walk Score®
Walker's Paradise (99)
Bike Score®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

CorePower Yoga
Crunch
Bank of America
Citi
Chase Bank
Barry's
Starbucks
Peet's Coffee
Wells Fargo Bank NA
Equinox

PROPERTY TAXES

Parcel Number 0936-009 Improvements Assessment £590,344
Land Assessment £1,377,477 Total Assessment £1,967,822

PROPERTY TAXES

Parcel Number
0936-009
Land Assessment
£1,377,477
Improvements Assessment
£590,344
Total Assessment
£1,967,822
(707) 591-0570

CONTACTS

  • Listing ID: 31611174

  • Date on Market: 25/04/2024

  • Last Updated:

  • Address: 2412-2414 Lombard St, San Francisco, CA 94123

The Marina Retail Property at 2412-2414 Lombard St, San Francisco, CA 94123 is currently available. Contact W Commercial for more information.

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2412-2414 Lombard St
(707) 591-0570 x

2412-2414 Lombard St

1/2

Randy Waller

(707) 591-0570

(707) 591-0570

Tina DeMartini

(707) 225-1882

(707) 225-1882

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