Property profile

3060 Fillmore St San Francisco, CA 94123

OFF-MARKET
Retail space
Property ID
US09-5852730
11,896 SF 0.27 ac lot Built 1915
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1915
Total area 11,896 SF
Lot 0.27 ac (11,731 SF)
Zoning code NC1
APN 0533 -040
UPID US09-5852730

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center Sports School
  • Restaurant
  • Cafe & Coffee Shop

Location

3060 Fillmore St San Francisco, CA 94123-4010
San Francisco metro Census 13002 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.34M

Owner & transaction history

since 2019
5 recorded transactions
2019
Price N/A
2019
$13.8M
2008
Price N/A
2008
Price N/A
2007
Price N/A

Zoning & alternative use

NC1 · San Francisco, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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