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736-738 Grant Ave

7,072 SF 100% Leased Retail Building San Francisco, CA 94108 £2,274,789 (£322/SF) 3.41% Net Initial Yield

Investment Highlights

  • Well maintained
  • Rarely available
  • Fantastic location

Executive Summary

In the heart of historic Chinatown, this unique, rarely available and well maintained, turn-key investment property has substantial upside. Retail tenant with mezzanine just started a 5-year lease with annual escalations; the middle floor is vacant; and the top floor is on a month-to-month lease. Great for owner user or pure investment.

Attachments

736-738 Grant OM

Financial Summary (Pro forma - 2023)

Annual Annual Per SF
Gross Rental Income £113,369 £16.03
Other Income - -
Vacancy Loss - -
Effective Gross Income £113,369 £16.03
Taxes £27,201 £3.85
Operating Expenses £8,660 £1.22
Total Expenses £35,861 £5.07
Net Operating Income £77,508 £10.96

Financial Summary (Pro forma - 2023)

Gross Rental Income
Annual £113,369
Annual Per SF £16.03
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £113,369
Annual Per SF £16.03
Taxes
Annual £27,201
Annual Per SF £3.85
Operating Expenses
Annual £8,660
Annual Per SF £1.22
Total Expenses
Annual £35,861
Annual Per SF £5.07
Net Operating Income
Annual £77,508
Annual Per SF £10.96

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,072 SF
Building Class
C
Year Built
1907
Price
£2,274,789
Price Per SF
£322
Net Initial Yield
3.41%
NOI
£77,508
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
2.03
Land Acres
0.08 AC
Zoning
C3 - Commercial development

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Hello Chinatown
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Hello Chinatown Accommodation and Food Services - - -
Walk Score ®
Walker's Paradise (100)
Transit Score ®
Rider's Paradise (100)
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.®

Nearby Major Retailers

Starbucks
L & L Hawaiian Barbecue
Preferred Bank
Ymca
Bank of America
Chase Bank
Citi
Peet's Coffee
Umpqua Bank
HSBC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0226-039
Land Assessment
£1,339,435
Improvements Assessment
£888,145
Total Assessment
£2,227,580
Annual Taxes
£27,201 (£3.85/sf)
Tax Year
2023
  • Listing ID: 26900240

  • Date on Market: 20/10/2022

  • Last Updated:

  • Address: 736-738 Grant Ave, San Francisco, CA 94108

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