$2,690,000 USD
714-504-0262
815 Van Ness Ave
San Francisco, CA 94109
Cathedral Hill/Intermission
HIGHLIGHTS
- Rare Drive-Thru in Dense Urban Core: one of the few drive-thru fast food locations in downtown San Francisco
- Proven Tenant: Burger King has successfully operated at this location since 2011, and is currently hitting percentage rent sales, providing additional
- Single-Tenant NNN Lease: This is an ideal “hands off” NNN opportunity for a passive investor
- Scheduled Rental Increases: 10% Rental Increases throughout the lease term and option periods
- › Fee-Simple Investment: Ideal for maximizing bonus depreciation
OVERVIEW
815 Van Ness Avenue is a single-tenant NNN Burger King uniquely positioned at the ground floor of a high-rise residential building in the heart of San Francisco’s Civic Center corridor. This restaurant is 3,401 SF and includes a fully operational drive-thru, a rare and highly valuable feature in Downtown San Francisco. The tenant has successfully operated at this site since 2011.
FOR SALE DETAILS
PRICE
$2,690,000 USD
PRICE/SF
$791 USD /SF
CAP RATE
5.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King - San Francisco, CA
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
RC-4
APN/PARCEL ID
0738-022
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714-504-0262
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714-504-0262
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