699 2Nd St San Francisco, CA 94107

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.