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SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $120,000 /YR $10,000 /MO | Industrial Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,500 SF | Gross Leasable Area | 2,500 SF |
| Property Type | Retail | Year Built | 1900 |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 2,500 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Prime ±2,500 sq ft restaurant space for lease on one of the Mission District’s most vibrant and highly trafficked blocks—Valencia & 21st Street. This rare offering features a fully built-out commercial kitchen, complete with hood, grease trap, and ample prep areas, allowing operators to open quickly with minimal startup costs. The space also includes a full basement, ideal for storage, office, prep expansion, catering operations, or additional refrigeration. Located on a premier stretch of Valencia Street known for its dense foot traffic, strong neighborhood following, and destination dining scene, this space offers unbeatable visibility and signage opportunities. Surrounded by popular cafés, restaurants, and boutiques, it benefits from day-to-night activity and a loyal local customer base with strong weekend and evening demand. Whether you're launching a new concept or expanding an established brand, this turn-key ±2,500 sq ft space delivers the infrastructure, location, and energy that make the Mission one of San Francisco’s top culinary corridors. Ideal for full-service dining, fast-casual, takeout/delivery, or specialty food concepts. A rare chance to secure a ready-to-operate restaurant in one of San Francisco’s most sought-after food destinations.
NEARBY MAJOR RETAILERS
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1037 Valencia St
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