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    449 10th St, San Francisco, CA

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    Well-maintained office/flex building with secure parking in move-in ready condition.

    Type:FLEX_R_AND_D
    Property size:
    9,090 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $374/SF
    Added:
    May 26, 2025
    Days on Market:
    400
    Last Refresh:
    May 20 at 9:12 pm

    Property Features for 449 10th St

    General Information

    Standard status
    Active
    Size
    9,090 SF
    Lot size
    0.11 Acres
    Property subtype
    FLEX_R_AND_D

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    Darren Kuiper
    Darren Kuiper

    Listing office Colliers | San Francisco

    Listing date May 26, 2025

    Source Moodyscre

    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 Colliers | San Francisco

    HighLights

    • High Exposure Location Proximate to Highway 101 & Interstate 80
    • Rare Covered & Secure On‑Site Parking for 4 Vehicles
    • Move‑In Ready Condition
    • Features a Mix of Private & Open Office Areas and Conference Rooms
    • Well‑Maintained Office Spaces
    • Perfect for an Owner‑User or Investor

    Overview

    This high-quality office/flex building is suitable for an owner-user or investor. The property features well-maintained office spaces and includes rare covered and secure on-site parking for 4 vehicles. The building is in move-in ready condition, with a mix of private and open office areas and conference rooms. The property benefits from a high exposure location on 10th Street, proximate to the entrance to Highway 101 and Interstate 80, and across from Costco. The property has a size of 9090 square feet.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $400.3k $44.04
    − Vacancy −$101.7k −$11.19
    EGI $298.6k $32.85
    − OpEx −$74.7k −$8.21
    NOI $224.0k $24.64
    9,090 SF · lease $44.04/SF/yr · vacancy 25.40% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.20M
    $2.80M – $3.73M (±1% cap)
    NOI $223,981 @ 7.0% cap · market cap 6.59%
    Second Best
    Industrial
    $2.21M
    $1.93M – $2.58M (±1% cap)
    NOI $154,621 @ 7.0% cap · market cap 4.55%
    Theoretical Best
    Specialty Retail
    $44.40M
    $38.85M – $51.80M (±1% cap)
    NOI $3,108,064 @ 7.0% cap · market cap 91.41%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    CB Engineers Construction Company WestRim Engineer

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Kitchen Affairs — 550 s van ness ave, san francisco, ca 94110
    • Barbary Coast Catering — 3139 16th St, San Francisco, CA 94103
    • Ceremony Beverage Catering — 2925 16th St, San Francisco, CA 94103
    • Green Cap Catering — 238 Capp St, San Francisco, CA 94110
    • Hedge Coffee — 434 Shotwell St, San Francisco, CA 94110

    Location Insight

    • Map
    • Local Demand
    City
    San Francisco
    County
    San Mateo
    State
    California
    Longitude
    -122.41
    Latitude
    37.771

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    FAQs

    What type of property is this?
    Flex space - Well-maintained office/flex building with secure parking in move-in ready condition.
    Where is this flex space located?
    The property is located at 449 10th St San Francisco, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: High Exposure Location Proximate to Highway 101 & Interstate 80; Rare Covered & Secure On‑Site Parking for 4 Vehicles; Move‑In Ready Condition
    (415) 788-3100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Darren Kuiper
    Darren Kuiper
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