1900 19th Ave - Drug Store FOR SALE
San Francisco, CA 94116 |
1900 19th Ave
San Francisco, CA 94116
HIGHLIGHTS
- Original lease with just under 10 years remaining on primary term with 5 – 5 year options to extend with rent increases on each option.
- 15%+ rent increase due in 2030! ( 1st option period. )
- Newly gutted renovation 2017/2018 (Extremely high barriers to entry. Took over 5 years to obtain development approval.)
- Dense infill location with Median Home Price of $1,600,000. | Over $133,000 Average Household Income.
- Minute Clinic !!! & Rare Rooftop Parking plus additional parking in lot across from main entrance (4,500 sq ft land included in sale)
- Located at corner of 19th Ave. and Ortega St. with approx. 80,000+ vehicles per day.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rarely Available Trophy Property: NNN CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
16250
STORIES
1
YEAR BUILT
1930
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2055-019A,2116-028
