181 S Park St San Francisco, CA 94107

Listing agency Starboard Commercial Real Estate h***@starboardnet.com Show Phone

Listed by Craig Hansson · License #CA 018

Source Crexi

Added: Apr 11 Updated: Jul 22 at 10:32PM Checked: Jul 22 at 10:32PM

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Investment Insights

Based on property information with market context.

Starboard TCN Worldwide is pleased to present the opportunity to purchase 181 S Park St, a commercial condo unit of approximately 10,500 rentable square feet. The space is currently leased to Salesforce and subleased to Singular until October 2020, with no options remaining. The offering includes a parking lot, and the offices were formerly used by Instagram.

South Park is described as a business address for multiple venture capital firms, including Redpoint Ventures, Founders Circle, True Ventures, North West Venture Partners, Shasta Partners, Kleiner Perkins, Index Ventures, Accel Partners, and Softtech VC.

This is presented as a fully leased investment, with the potential to support an investor or an owner-user later, consistent with the current lease expiration in October 2020.

Key Highlights

• Fully leased commercial condo unit totaling approximately 10,500 rentable SF
• Leased to Salesforce, subleased to Singular, with lease term until October 2020 and no options remaining
• Located on South Park, a building area with venture capital firms including Redpoint Ventures, True Ventures, and Accel Partners

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FAQs

What type of property is this?

Office units - Fully leased commercial condo unit includes parking lot and is subleased through October 2020.

Where is this office units located?

The property is located at 181 S Park St San Francisco, CA.

What are key features of this property?

This property features: Fully leased commercial condo unit totaling approximately 10,500 rentable SF; Leased to Salesforce, subleased to Singular, with lease term until October 2020 and no options remaining; Located on South Park, a building area with venture capital firms including Redpoint Ventures, True Ventures, and Accel Partners