Property Details
Credit Leased Investment with Fully-Entitled Development Opportunity
Colliers International, as Exclusive Advisor to the Seller, is pleased to present the opportunity to acquire 1964 Union Street (the “Property”), a 100% leased mixed-use retail and residential building with fully-approved entitlements for the construction of two (2) residential cottages on the rear portion of the site. Recently renovated in 2016/17, the Property’s ground floor retail is NNN leased to Bonobos, a Wal-Mart subsidiary with a AA credit rating, through August 2027.
Situated along Union Street in the Cow Hollow neighborhood of San Francisco, 1964 Union features an A+ location surrounded by some of City’s hottest retail, restaurants, gyms, and nightlife.
100% Leased Trophy Boutique Mixed-Use Residential & Retail Property Completely Renovated in 2016/17
Fully-Entitled Rear Lot Residential Addition for 2 Cottages
Ground Floor Retail NNN-Leased to Bonobos (Wal-Mart subsidiary with S&P AA Credit) through August-2027 with Annual Rent Increases
Fantastic Union Street Location – One of the Most Sought-After Retail Blocks in the Bay Area
Exceptional Long-Term Appreciation Potential in One of the United States Most Coveted Investment Markets
www.1964Union.com
- Property TypeRetail
- Submarket
- Total Acres0.07
- Number of Floors2
- Building ClassC
- Property ID2117546