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|Année de construction||2018|
Description de la propriété
JLL is pleased to offer for sale 3501 Geary Boulevard, a 1,866-square-foot, single-tenant ground-floor retail condo unit (the “Property”) located in the heart of San Francisco at Geary & Stanyan. The Property is part of 1 Stanyan, a greater mixed-use condo building that also includes 13 luxury residential units and an additional retail unit long-term leased to Rooster & Rice.
Recently built in 2018, the Property, is 100% NNN leased to T-Mobile, the third largest mobile carrier in the United States. This store is operated by a highly established franchisee with more than 120 locations in 7 states. The NNN lease notably features more than 9 years of primary term remaining.
3501 Geary’s central San Francisco location sets this offering apart. The Property holds a prime position on Geary Boulevard and in one of the City’s most dense and affluent neighborhoods.
This T-Mobile offering presents an investor the unique opportunity to acquire a strong and growing cash flow in a fortress San Francisco location.
Informations clés concernant l'investissement
- Fortress central San Francisco location
- Unparalleled Geary Boulevard retail corridor
- Highly afﬂuent customer base
- New construction
- Part of a class-A, mixed-use condo development
- Long-term leased with 9+ years remaining
- Signiﬁcant cash flow growth in annual rent increases
- NNN lease with limited landlord responsibilities
- High quality tenancy
- Generational trophy asset