Renovated SoMa Flex W/ Fully NNN Income
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Renovated SoMa Flex W/ Fully NNN Income
2 Properties Offered at £4,937,861 in San Francisco, CA
Investment Highlights
- This 100% occupied NNN flex facility. Seller will guarantee rent for initial lease term. 7.63% Cap Rate.
- Single tenant occupies the space on a fully NNN basis.
- Equipped with a recently upgraded freight elevator, 400-amp electric service, one dock-high door, two drive-in doors, and valuable on-site parking.
- Easily accessible location near 101, 80, and 280 Freeways and sits near stops for Bus and BART lines.
- Rapidly growing local population of more than 809,000 is expected to increase to over 964,000 by 2035.
Executive Summary
Seller will guarantee rent of $40,000/month NNN for the initial in-place lease term at the asking price. 7.63% Cap Rate. Significantly higher local than market return.
Data Room Click Here to Access
- Offering Memorandum
- Third Party Reports
- Title and Insurance
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | £4,937,861 | Number of Properties | 2 |
| Price / SF | £307.08 / SF | Individually For Sale | 0 |
| Net Initial Yield | 7.63% | Total Building Size | 16,080 SF |
| Sale Type | Investment | Total Land Area | 0.26 AC |
| Status | Active |
| Price | £4,937,861 |
| Price / SF | £307.08 / SF |
| Net Initial Yield | 7.63% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,080 SF |
| Total Land Area | 0.26 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 460-464 9th St, San Francisco, CA 94103 | Industrial | 16,080 SF | 1927 | - |
| 251 Dore St, San Francisco, CA 94103 | Land | 0.05 AC | - | - |
-
Alex Kolovyansky -
Vanguard Properties
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Renovated SoMa Flex W/ Fully NNN Income
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