415-694-9698
560 Commercial St, San Francisco, CA for Sale
Medical - FOR SALE
1/10
null | Request Cap Rate

560 Commercial St
San Francisco, CA 94111
Financial District


HIGHLIGHTS

  • A flagship brick-and-timber jewel box at the gateway to Jackson Square
  • Immaculate modern improvements inside classic creative space
  • Highly efficient, ±14,605 RSF small-floorplate building with in-place credit tenancy
  • A compelling alternative to control your space, eliminate rent exposure, and build equity in one of San Francisco’s most supply-constrained submarkets
  • Opportunity to buy into the San Francisco office recovery

OVERVIEW

Newmark’s Bay Area Private Capital Group is pleased to present the unique opportunity to acquire the fee-simple interest in 560 Commercial Street / 559-561 Clay Street, a meticulously renovated brick-and-timber jewel box located in the heart of downtown San Francisco next to Jackson Square, the City’s most coveted neighborhood. Currently 41% leased, the 14,605 square foot four-story plus lower-level property offers the rare combination of credit tenancy with Amazon-owned One Medical on floors one and two, with move-in ready best-in-class brick-and-timber office space on the top two floors. The 560 Commercial Street entrance offers direct access to the vacant move-in ready third and fourth floors with pristine brick-and-timber interiors and high-end improvements featuring modern creative space with an ideal mix of open areas and meeting rooms. A beautiful open stairwell interconnects the third and fourth floors, which benefit from high open ceilings and skylights providing excellent natural light. The fully renovated lower level was transformed into meeting rooms, a locker room and shower providing additional private on-site amenities. The 559-561 Clay Street entrance offers a dedicated address and storefront for the ground and second floors, which have been leased for over 16 years to One Medical, a wholly-owned subsidiary of Amazon, providing a stable, credit-backed tenancy.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

560 Commercial

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-3-O

APN/PARCEL ID

0228-031

ASK ABOUT THIS PROPERTY

Seth McKinnonNewmarkMore Info
415-694-9698

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Seth McKinnonNewmarkMore Info
415-694-9698

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