290 Division St - Office FOR SALE


San Francisco, CA 94103- Mission Bay
$15,500,000 USD
415-812-1219
290 Division St, San Francisco, CA for Sale
$15,500,000 USD
Office - FOR SALE
1/20
null | 8.02% Cap Rate

NEW


290 Division St
San Francisco, CA 94103
Mission Bay


HIGHLIGHTS

  • Owner / User | Value Add Investment Opportunity
  • In-Place Income | 75% Leased Asset
  • Full-Floor Creative Office
  • Showplace Square Location, SoMa, Mission District
  • Excellent Freeway Visibility
  • Transit and Freeway Accessible Location

OVERVIEW

Touchstone Commercial Partners is pleased to offer owner/users and investors an opportunity to purchase the fee simple interest in 290 Division Street, San Francisco, California 94103. The approximately 36,920-square-foot, four-story building, renovated in 2019 is situated at the intersection of three iconic San Francisco neighborhoods SoMa, Showplace Square / Design District and The Mission District. The immediate location is San Francisco’s most established design and creative districts. The property is currently 75% leased, with three floors generating in-place income and the fourth floor available for occupancy, providing flexibility for a future owner to establish a presence in the building while benefiting from the existing tenant base or for an investor to take advantage of the current high leasing demand.

FOR SALE DETAILS

PRICE

$15,500,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

8.02%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,674 SF

ZONING

PDR-1-G

APN/PARCEL ID

3526-016

ASK ABOUT THIS PROPERTY

Zach HaupertTouchstone Commercial Partners, Inc.More Info
415-812-1219

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Zach HaupertTouchstone Commercial Partners, Inc.More Info
415-812-1219

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