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Listed by Geary Do, DRE #01939951 • Mosaik Real Estate
$ 7,988,000
Est. payment /mo
Active
319 6th AVE San Francisco, CA 94118
7,492 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 7,492 sqft
Price per Sqft $1,066
MLS Listing ID BE41126351
Year Built 1975
Lot Size 0.275 Acres
Property Sub-Type Commercial Property
Source Bay East
Property Description
317-319 6th Avenue presents a rare opportunity to acquire a long-term, single-tenant true NNN investment in San Francisco's Richmond District, backed by a tenant that has successfully operated at the location for over 55 years. The property is secured by a 15-year lease that commenced in 2020, with approximately 10 years remaining on the base term, 3% annual rent increases, and one five-year extension option. The lease is structured as a true NNN lease, with the tenant responsible for property taxes, insurance, maintenance, and repairs-providing ownership with predictable, passive income and minimal landlord responsibilities. Located just off the Clement Street retail corridor and three blocks from Golden Gate Park, the property benefits from strong neighborhood demographics, consistent foot traffic, and limited commercial inventory. With stable tenancy, contractual rent growth, and exceptional tenant longevity, 317-319 6th Avenue represents a rare opportunity to acquire a durable net-leased asset in one of San Francisco's most established neighborhood retail districts.
Location
State CA
County San Francisco
Area Other Area
Zoning Comm
Exterior
Parking Features Common Parking Area, Common Parking - Private
Garage Spaces 10.0
Roof Type Other
Others
Tax ID 1438-002
Special Listing Condition Not Applicable
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