Description
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 an absolute 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.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
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3,493SQFT
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$1,360$/SQFT
School Ratings & Info
Description
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 an absolute 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.
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