True NNN Retail Lease
For Sale
$7,500,000
319 6th Avenue, San Francisco, CA 94118
Long-term single-tenant true NNN lease with contractual annual rent increases and minimal landlord responsibilities.
Property Size7,492 SF
Days on Market158
Property Features for 319 6th Avenue
General Information
Standard status
Active
Size
7,492 SF
Property subtype
Comm Ind For Sale
Additional Details
Cap Rate
6.38%
Building Details
Building Size
7,492 SF
Year Built
1975
Tenancy
Single
Listing Agency:
Mosaik Real Estate
Listed By:
Geary Do
(415) 309-9000
Source:
Vanguardproperties
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 11 at 12:31PM
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 Mosaik Real Estate
Investment Insights
Based on property information with market context.
317-319 6th Avenue is a single-tenant retail property offered as a true NNN investment. The lease commenced in 2020 and is structured as a 15-year term, with approximately 10 years remaining on the base term and one five-year extension option. The rent is set to increase by 3% annually, and tenant obligations under the true NNN structure include property taxes, insurance, maintenance, and repairs, reducing ongoing landlord involvement.
The property is located in San Francisco’s Richmond District, positioned just off the Clement Street retail corridor. It is described as being three blocks from Golden Gate Park, placing it within an established neighborhood retail setting.
This offering is designed for buyers seeking a durable net-leased asset with a track record of tenant longevity and contractual rent growth. The current tenant has operated at the location for over 55 years, providing operational continuity alongside the lease’s scheduled annual increases and extension option.
The property is located in San Francisco’s Richmond District, positioned just off the Clement Street retail corridor. It is described as being three blocks from Golden Gate Park, placing it within an established neighborhood retail setting.
This offering is designed for buyers seeking a durable net-leased asset with a track record of tenant longevity and contractual rent growth. The current tenant has operated at the location for over 55 years, providing operational continuity alongside the lease’s scheduled annual increases and extension option.
Key Highlights
- 317‑319 6th Avenue is a long‑term, single‑tenant true NNN net lease in San Francisco’s Richmond District.
- 15‑year lease commenced in 2020 with approximately 10 years remaining on the base term, plus one five‑year extension option.
- Lease includes 3% annual rent increases with a contractual growth profile.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
4,419
Businesses Nearby
245k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 26%
Dining 16%
Home Improvements & Furnishings 7%
Smart & Final
Groceries
40,256 visits/mo
0.1 miles
76
Shops & Services
21,457 visits/mo
0.5 miles
Office Depot
Office Supplies
15,768 visits/mo
0.2 miles
Jack in the Box
Dining
14,413 visits/mo
0.3 miles
Mel's Drive-In
Dining
14,026 visits/mo
0.5 miles
Demographics for 94118, CA
42,356
Population
19,052
Households
2.2
Avg Household Size
37
Median Age
72%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
21,178
Density / Sq Mi
$159,550
Median Household Income
$92,946
Median Earnings
$2,695
Median Rent
$1,817,200
Median Home Value
Market
Vacancy Rate% for Retail in San Francisco, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term single-tenant true NNN lease with contractual annual rent increases and minimal landlord responsibilities.
Where is this nnn property located?
The property is located at 319 6th Avenue San Francisco, CA.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 317‑319 6th Avenue is a long‑term, single‑tenant true NNN net lease in San Francisco’s Richmond District.; 15‑year lease commenced in 2020 with approximately 10 years remaining on the base term, plus one five‑year extension option.; Lease includes 3% annual rent increases with a contractual growth profile.
