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699 2Nd St San Francisco, CA 94107

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Prime South Beach location, fully leased, 3,300 SF.

Property size:
3,300 SF

Property Features for 699 2Nd St

General Information

Property type
Office Units
Square Feet
3,300 SF

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Listing Contact
Davis Nguyen
Davis Nguyen

Listing Agency: COMPASS COMMERCIAL Listing Agent: Davis Nguyen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a fully leased, ±3,300 square foot retail/office condominium located at 699 2nd Street in San Francisco's vibrant South Beach district. The property boasts a sleek, modern design with high ceilings and abundant natural light, creating a flexible space suitable for various business types. A large storefront with expansive windows ensures maximum visibility. The interior features two conference rooms and a kitchenette, complemented by state-of-the-art technology including high-speed internet and advanced telecommunications. Security is enhanced by an electronic system and 24/7 access. Six deeded parking spaces are included in a gated garage, five of which are currently leased to the tenant. The building offers a rooftop deck with stunning city views. This prime location is easily accessible by public transportation and is surrounded by numerous tech companies, restaurants, shops, hotels, the Embarcadero, Oracle Park, and Chase Center. The current lease is a single tenancy with a 5-year term commencing June 1, 2023, and expiring May 31, 2028, leaving 3.5 years remaining. The asking price is $2,250,000, representing a 5.00% cap rate and a price per square foot of $681.82. The property is a single-tenant occupancy. This is an ideal investment for those seeking a strong return in a highly desirable San Francisco location. The property is located in San Francisco County, California, zip code 94107.
Property Profile Location Intelligence

Current Use by Public Records

Pacific Union International Real Estate Agency NEW DEVELOPMENT GROUP Real Estate Agency

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Pharmacy Daycare Center

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

Location Insight

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City
San Francisco
County
San Francisco
State
California
Longitude
-122.39066406978
Latitude
37.780704643658

FAQs

What type of property is this?
Office units - Prime South Beach location, fully leased, 3,300 SF.
Where is this office units located?
The property is located at 699 2Nd St San Francisco, CA.
What is the asking price?
The asking price for this property is $2,250,000.
(415) 345-3000 Call to check price and availability
More about this property
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