35-41 Powell St
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35-41 Powell St
17,009 SF Retail Building San Francisco, CA 94102 For Sale
Investment Highlights
- Irreplaceable Powell Street location situated at the gateway to Union Square
- Historically the Powell Street Corridor Has Generated Some of the Highest Retail Sales and Corresponding Rental Rates in the Union Square District
- Optionality to secure a NNN sale leaseback from Burger King with flexible term
- Outstanding Foot Traffic Due to Proximity to Cable Car Turnaround, Powell Street BART/Muni Station and the Heart of Union Square
Executive Summary
Colliers, as Exclusive Advisor to the Seller, is pleased to present the opportunity to acquire 35 Powell (the “Property”), an exceptional two-story plus lower level +/- 17,000 square foot flagship retail building situated at the gateway to Union Square.
Located at the iconic cable-car turnaround, 35 Powell is situated along the Powell Street retail corridor, historically capturing the highest sales per square foot for non luxury retail tenants in San Francisco. With a total of 41 feet of prime retail frontage along one of San Francisco’s most valuable retail destinations, the Property presents a very rare acquisition opportunity for an owner-user or investor who will capitalize on Union Square’s current and ongoing recovery as a world-class destination.
35 Powell is currently leased to Burger King and operated by a local franchisee who has owned and operated this location since the 1970’s. Ownership will consider a short to long-term leaseback at close of escrow.
Located at the iconic cable-car turnaround, 35 Powell is situated along the Powell Street retail corridor, historically capturing the highest sales per square foot for non luxury retail tenants in San Francisco. With a total of 41 feet of prime retail frontage along one of San Francisco’s most valuable retail destinations, the Property presents a very rare acquisition opportunity for an owner-user or investor who will capitalize on Union Square’s current and ongoing recovery as a world-class destination.
35 Powell is currently leased to Burger King and operated by a local franchisee who has owned and operated this location since the 1970’s. Ownership will consider a short to long-term leaseback at close of escrow.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
17,009 SF
Building Class
B
Year Built
1909
Tenancy
Single
Number of Floors
3
Building FAR
2.79
Land Acres
0.14 AC
Zoning
C-3-R
Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Very Bikeable (88)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 0330-003 | Improvements Assessment | £1,285,498 |
| Land Assessment | £2,005,815 | Total Assessment | £3,291,313 |
PROPERTY TAXES
Parcel Number
0330-003
Land Assessment
£2,005,815
Improvements Assessment
£1,285,498
Total Assessment
£3,291,313
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Darren Kuiper -
Power Broker Julie Taylor -
Andrew Choumas -
Colliers
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35-41 Powell St
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