1900 19th Ave San Francisco, CA 94116

Listing agency LemRx Realty Advisors

Listed by Dan Lem · License #CA 00930322

Source Crexi

Added: Apr 11 Updated: Jul 22 at 9:14PM Checked: Jul 22 at 9:14PM

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Investment Insights

Based on property information with market context.

A NNN CVS Health pharmacy property offered for sale featuring rooftop parking with 32 spaces, plus additional parking land directly across the street that is included in the sale. The offering is described as a trophy-style asset with very high barriers to entry, noting it took over 5 years to obtain development approval.

The property is located at the hard signalized intersection of 19th Avenue (Hwy 1) and Ortega Street, with traffic cited at 80,000+ vehicles per day. The surrounding area is identified as the Sunset/Parkside District.

The lease has an original approximate 15-year term with just under 10 years remaining on the primary term. The tenant has five 5-year options to extend. The remarks also note a 15%+ rent bump due in 2030.

Key Highlights

• NNN CVS Health trophy property at 1900 19th Ave, San Francisco, CA 94116
• Hard signalized intersection location on 19th Ave (Hwy 1) and Ortega Street with 80,000+ vehicles per day
• Lease has an original approx. 15‑year term with just under 10 years left on the primary term; tenant has five 5‑year options

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Similar Off Market Nearby

• Robert J. Matutat, PharmD — 58 W Portal Ave, San Francisco, CA 94127
• Donna Cheung — 1201 Taraval St, San Francisco, CA 941162442
• Marc Pasquini — 730 Taraval St, San Francisco, CA 941162515
• Te-Yun Tsao — 1201 Taraval St, San Francisco, CA 941162442
• Walgreens Pharmacy — 1201 Taraval St, San Francisco, CA 94116

FAQs

What type of property is this?

Drug store - Leased NNN CVS Health pharmacy with rooftop parking and included parking land across the street at a signalized intersection.

Where is this drug store located?

The property is located at 1900 19th Ave San Francisco, CA.

What are key features of this property?

This property features: NNN CVS Health trophy property at 1900 19th Ave, San Francisco, CA 94116; Hard signalized intersection location on 19th Ave (Hwy 1) and Ortega Street with 80,000+ vehicles per day; Lease has an original approx. 15‑year term with just under 10 years left on the primary term; tenant has five 5‑year options