151 Noe St - Restaurant FOR SALE


San Francisco, CA 94114- Duboce Triangle
$1,018,000 USD
949-903-8099
151 Noe St, San Francisco, CA for Sale
$1,018,000 USD
Restaurant - FOR SALE
1/8
null | 7.75% Cap Rate

151 Noe St
San Francisco, CA 94114
Duboce Triangle


HIGHLIGHTS

  • Established San Francisco Restaurant | Longstanding Tenant Commitment
  • Prime San Francisco Location | Dense Urban Trade Area
  • Parking & Accessibility
  • Proximity to Downtown & Transit Connectivity
  • Affluent Demographics | Strong Consumer Base

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN leased, Restaurant investment property located in San Francisco, CA. The tenant, L’Ardoise Bistro recently exercised their 5-year option to extend, demonstrating their commitment to the site. The lease features 4% rental increases every year throughout the initial term and 5% at the beginning of the option period, steadily growing NOI and hedging against inflation. The lease is NN with minimal landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$1,018,000 USD

PRICE/SF

$925 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

L'Ardoise Bistro

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

3541-032

ASK ABOUT THIS PROPERTY

Jake PraterSRS National Net LeaseMore Info
949-903-8099

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Jake PraterSRS National Net LeaseMore Info
949-903-8099

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