317-319 6th Ave - Bank FOR SALE


San Francisco, CA 94118- Richmond District
$7,988,000 USD
628-227-5588
317-319 6th Ave, San Francisco, CA for Sale
$7,988,000 USD
Bank - FOR SALE
1/18
null | 5.26% Cap Rate

317-319 6th Ave
San Francisco, CA 94118
Richmond District


HIGHLIGHTS

  • 317-319 6th Avenue offers a single-tenant NNN investment opportunity to own a 7,492-square-foot bank asset presenting a 5.26% cap rate.
  • Strategic position just off the busy Clement Street corridor, with a variety of local, retail, and dining anchors supporting high foot traffic.
  • Long-term stability through an in-place tenant of 55 years, Bank of Orient, with annual rent increases and five-year options to extend.
  • Inner Richmond location, three blocks from Golden Gate Park, and near key players such as UCSF, UCSF Health, and Kaiser Permanente.

OVERVIEW

317–319 6th Avenue offers investors the opportunity to acquire a long-term, single-tenant, triple net (NNN) investment in San Francisco’s highly desirable Richmond District. This 7,492-square-foot property is secured by a 15-year lease executed in June 2020, with approximately 10 years remaining on the base term and 3% annual rent increases. The tenant, Bank of the Orient, is a strong national-credit operator with over 55 years at this location, providing stable cash flow with built-in income growth through 2035, with an additional five-year extension option. The lease is structured as a true NNN lease, under which the tenant is responsible for property taxes, insurance, maintenance, and repairs. This structure limits landlord expense exposure and provides predictable, passive income, while the scheduled annual increases drive long-term yield expansion. 317–319 6th Avenue is situated in the Richmond District of San Francisco, a well-established, highly walkable urban neighborhood directly north of Golden Gate Park and bounded by the Presidio, Lincoln Park, and Ocean Beach. The Richmond District combines residential stability with neighborhood-oriented retail and cultural amenities, making it a desirable place to live and do daily commerce. Approximately 58,000 residents, with a median age in the low-40s and a diverse cultural profile that includes strong Asian, Russian, and Eastern European influences, live here. The Inner Richmond, near the 6th Avenue and Geary/Clement corridors, features exceptional walkability, with everyday amenities, transit, and neighborhood services easily accessible on foot. Walk Score data in the area registers 98 with a Bike Score of 96, indicating that most errands can be accomplished without a car. Multiple Muni routes (including the 38 Geary and 38R Rapid) provide direct east-west transit connections to downtown and beyond. Transit connectivity is considered excellent for daily commuting and access to core city markets. Richmond’s atmosphere is characterized by a blend of urban vibrancy and residential calm. The Inner Richmond, in particular, is known for its food-centric culture, neighborhood-oriented cafés and shops, and a strong community identity that is less tourist-driven than other San Francisco corridors. This offering represents a rare chance to secure a reliable, income-generating asset in one of San Francisco’s most dynamic and stable neighborhoods. With its prime location, strong tenant, and long-term lease structure, 317–319 6th Avenue stands out as an exceptional investment opportunity for those seeking both security and growth potential.

FOR SALE DETAILS

PRICE

$7,988,000 USD

PRICE/SF

$1,066 USD /SF

CAP RATE

5.26%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank Of The Orient

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

Inner Clement, S F

APN/PARCEL ID

1438-002

ASK ABOUT THIS PROPERTY

Geary DoMosaik Real EstateMore Info
628-227-5588

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Geary DoMosaik Real EstateMore Info
628-227-5588

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