This Office Property is Off-Market.

500 Treat Avenue
San Francisco, CA 94110 ·

32,896 SF · Office For Sale

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500 Treat Avenue

Price N/A Occupancy 100%
Building Size 32,896 SF Building Class B
Property Type Office Tenancy Multiple
Property Sub-type Office Building Year Built 1946
Property Use Type Investment Lot Size 34,160 SF
Cap Rate 7.05%
Listing ID: 14765065 Date Created: 08/24/2006 Last Updated: 05/30/2007

Description

500 Treat Avenue is a 32,896 square foot office building situated in the West Potrero District, one of San Francisco s most vibrant mixed-use neighborhoods. The building was constructed in stages with the majority of the main structure completed in 1946. This structure was added onto in 1959 and the small building was developed in 1953. The structures are steel frame with concrete ground floor and wooden second floor. The buildings were completely upgraded in 1999 at which time they received a full seismic upgrade including new steel beams and columns. The buildings have all upgraded mechanical, electrical, HVAC and sprinkler systems. The main structure also has a new elevator.

The property is located in the heart of San Francisco s West Potrero District, a dynamic mixed-use neighborhood with a healthy combination of residential, retail, industrial & office facilities, within a two mile radius of the Downtown Financial District, the 314-acre Mission Bay mixed use development, AT&T Park & the dynamic South Beach Marina District, & within one mile are several of San Francisco s vibrant residential enclaves such as Noe Valley, Bernal Heights, & Potrero Hill. This area is the focal point of a myriad of creative technology companies & old line established industries, such as UCSF & PG&E. The fifty-block area that defines this district is bounded by highway 101 to the east, the central freeway to the north, Mission Street to the west, & 20th Street to the south. The area also has a thriving residential & retail community. Restaurants such as Blowfish Sushi, Eliza s, Universal Café, Circolo, & Baraka are interspersed with charming neighborhood groceries, eateries & bars. The Potrero Center retail complex is situated five blocks to the North featuring Safeway, Blockbuster, 24 Hour Fitness, Old Navy, several restaurants & a variety of retail support services.

Highlights

  • 100% Leased
  • On-site parking for 44 cars, including 2 handicap spaces
  • Renovated in 1999
  • Dramatic interior design
  • Strong financial returns
  • Great location

Research

500 Treat Avenue, San Francisco, CA 94110 (San Francisco County)

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