True NNN Retail Lease
319 6th Avenue San Francisco, CA 94118
319 6th Avenue, San Francisco, CA, 94118
$7,500,000
For Sale
$7,500,000
Long-term single-tenant true NNN lease with contractual annual rent increases and minimal landlord responsibilities.
Days on Market133
Property Features for 319 6th Avenue
General Information
- Standard status
- Active
- Property subtype
- Comm Ind For Sale
Building Details
- Year Built
- 1975
Listing Agency
Mosaik Real Estate
Listed by
Geary Do,
Source
Vanguardproperties
Added: Mar 6 Checked: Jul 16 at 10:05 am
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
Location Intelligence
Current Use by Public Records
CYCSF - Richmond Employment ...
Family Recreation Center
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FAQs
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.
