949-608-2086
1263 Mission St, San Francisco, CA for Sale
Office - FOR SALE
1/25
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1263 Mission St
San Francisco, CA 94103
SoMa


HIGHLIGHTS

  • Fully Leased To UCSF On A 15-Year NNN Lease Commencing November 2023
  • 3% Annual Rent Increases Provide Predictable Long-Term Income Growth
  • UCSF Has Invested $17 Million In Capital Improvements Since 2014
  • Mission-Critical Medical Facility Serving San Francisco’s Healthcare Needs
  • SoMa District Location With Exceptional Connectivity And Urban Amenities
  • Strong Tenant Credit Rating (Moody’s Aa2) Supports Investment Stability

OVERVIEW

1263 Mission Street in San Francisco presents a rare, fee simple investment opportunity in the SoMa district, fully leased to the University of California, San Francisco (UCSF). This 28,570-square-foot outpatient facility supports UCSF’s Citywide Case Management program, providing essential healthcare services to the community. The tenant executed a 15-year NNN lease commencing November 2023, featuring 3% annual rent increases, ensuring long-term income stability. UCSF has demonstrated significant commitment through a $17 million capital investment since 2014, with $5.3 million funded in 2023 alone. With recent renovations, robust tenant credit (Moody’s Aa2), and essential healthcare operations, the property combines reliable cash flow with institutional-quality tenancy. Located in a high-demand urban corridor, this asset offers investors the security of a mission-critical medical facility anchored by a globally recognized healthcare leader, paired with substantial lease term and strong capital infrastructure.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,370 SF

ZONING

MUO

APN/PARCEL ID

3728-076

ASK ABOUT THIS PROPERTY

Justin ShepherdNewmarkMore Info
949-608-2086

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Justin ShepherdNewmarkMore Info
949-608-2086

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.