323 S Canal St - Warehouse FOR SALE


South San Francisco, CA 94080- Lindenville
$9,500,000 USD
415-865-6105
323 S Canal St, South San Francisco, CA for Sale
$9,500,000 USD
Warehouse - FOR SALE
1/9
null | 3.79% Cap Rate

Jul '31


323 S Canal St
South San Francisco, CA 94080
Lindenville


OVERVIEW

323 S. Canal Street presents a rare opportunity to acquire a stabilized industrial investment property in the highly desirable South San Francisco market. The property consists of an approximately 11,000-square-foot building situated on a 56,503-square-foot (1.30-acre) parcel, offering significant land value and long-term investment potential. The asset is 100% leased on a triple-net (NNN) lease, providing investors with a predictable and passive income stream while minimizing landlord responsibilities. The lease has approximately five (5) years of remaining term with no renewal options, creating the opportunity for future rent repositioning or owner-user occupancy upon lease expiration. Located in the heart of South San Francisco's industrial corridor with excellent access to Highways 101 and 280, San Francisco International Airport, and the greater Bay Area, 323 S. Canal Street offers investors the rare combination of stable cash flow, an irreplaceable land position, and long-term upside in one of Northern California's strongest industrial markets.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$864 USD /SF

CAP RATE

3.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,502

ZONING

ML00M1

APN/PARCEL ID

014-092-110

ASK ABOUT THIS PROPERTY

Nelson KnuthHC&M CommercialMore Info
415-865-6105

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Nelson KnuthHC&M CommercialMore Info
415-865-6105

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