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Ground-Floor NNN Commercial Condo
For Sale
$4,950,000

2029 Market Street, San Francisco, CA 94114

Fully leased commercial condominium with direct Market Street access, ADA accessibility, and an absolute NNN lease structure.

Property Size5,000 SF
Price / SF$990
Days on Market574

Property Features for 2029 Market Street

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail
Occupancy 100%

Additional Details

Floor Ground
Road Access Yes
Land Use commercial

Building Details

Building Size 5,000 SF
Year Built 1995
Tenancy Single
Listing Agency: W Real Estate
Listed By: Randy Waller (DRE #01795950) · License #01382348
Source: Paytonslist
Added: Feb 2, 2025 Changed: Aug 29 Last Checked: Jul 20 at 5:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of W Real Estate

Investment Insights

Based on property information with market context.

This 5,000-square-foot ground-floor commercial condominium at 2029 Market Street is fully leased to Apothecarium SF, a cannabis dispensary. The space was remodeled with high-end interior finishes and provides direct access from Market Street along with ADA accessibility. The property was built in 1995.

The lease has a newly signed absolute NNN extension, with multiple extension options in place. Additional lease terms include base rent escalations and a minimum percentage-rent provision. The asset combines a dedicated commercial condominium format with an established cannabis-dispensary tenancy and a defined NNN lease structure.

Key Highlights

  • 5,000‑square‑foot commercial condominium at 2029 Market Street
  • Fully leased to Apothecarium SF, a cannabis dispensary
  • Ground‑floor space with direct access from Market Street

Property Analytics

Current Use

Treats By The Bay Take-out & Catering The Apothecarium Dispensary Castro (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store Grocery & Convenience Store Adult Day Care Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

8,206
Businesses Nearby
183k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Shops & Services 33% Dining 10% Apparel 2%
Safeway Groceries
73,590 visits/mo 0.1 miles
Whole Foods Market Groceries
26,996 visits/mo 0.1 miles
ARCO Shops & Services
14,689 visits/mo 0.4 miles
Boba Guys Dining
13,827 visits/mo 0.5 miles
Chevron Shops & Services
10,363 visits/mo 0.5 miles

Demographics for 94114, CA

33,683
Population
18,686
Households
1.8
Avg Household Size
40
Median Age
79%
College-Educated
98%
High-School Grad
1.4 sq mi
ZIP Area
24,059
Density / Sq Mi
$196,528
Median Household Income
$117,677
Median Earnings
$2,898
Median Rent
$1,771,700
Median Home Value

Market

Vacancy Rate% for Retail in San Francisco, CA

4.8% 2019
6.5% 2020
6.6% 2021
6.3% 2022
6.4% 2023
6.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
NNN property - Fully leased commercial condominium with direct Market Street access, ADA accessibility, and an absolute NNN lease structure.
Where is this nnn property located?
The property is located at 2029 Market Street San Francisco, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: 5,000‑square‑foot commercial condominium at 2029 Market Street; Fully leased to Apothecarium SF, a cannabis dispensary; Ground‑floor space with direct access from Market Street
More about this property
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