Property summary
This exceptional San Francisco retail investment opportunity presents a fully leased, two-building property at 3060 Fillmore Street, totaling 10,875 square feet of net rentable space. Situated on a 0.27-acre lot in the vibrant Cow Hollow/Marina District, this property boasts a prime location with a Walkability Score of 99. The 1915-built property underwent a complete renovation in 2019 and is currently 100% occupied by three high-profile tenants: Shake Shack, Rumble Boxing, and Red Bay Coffee. These tenants benefit from a strong, affluent demographic with average household incomes of $244,950. The current Net Operating Income (NOI) stands at $1,083,967, with a pro-forma NOI projected at $1,221,131. The property features a multi-tenant occupancy with long-term leases, offering significant income stability and future upside potential. The zoning is NCD (Neighborhood Commercial District), and the property is situated within a highly desirable area with significant barriers to entry for new retail development. The weighted average lease term (WALT) is 5 years, with Shake Shack and Rumble Boxing leases extending to 2030, including two 5-year renewal options. This presents a rare opportunity to acquire a stabilized, high-performing retail asset in one of San Francisco's most coveted neighborhoods.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center Sports School
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Restaurant
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Cafe & Coffee Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
NC1 · San Francisco, CAZoning
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