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1226 9th Ave
San Francisco, CA 94122
Tartine · Retail Property For Sale
Investment Highlights
- GENERATIONAL TROPHY ASSET IN HIGHLY TRAFFICKED CORRIDOR
- SAN FRANCISCO’S MOST RENOWNED BAKERY WITH LOYAL CUSTOMER BASE
- HIGH QUALITY BUILD OUT THOUGHTFULLY DESIGNED BY STUDIO BBA
- FULLY GUARANTEED NNN LEASE WITH 3% ANNUAL INCREASES
- #1 TARTINE BAKERY OUT OF 7 LOCATIONS IN CALIFORNIA
- PREMIER SAN FRANCISCO LOCATION IN VIBRANT 9TH AVENUE RETAIL CORRIDOR
Executive Summary
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 1226 9th Avenue (the “Property”), a premier single-tenant retail asset located in San Francisco’s Inner Sunset neighborhood.
The Property is 100% leased to Tartine Bakery, one of San Francisco’s most iconic and award-winning culinary brands, under a fully guaranteed long-term NNN lease with annual rent escalations. The site features a 3,000 square foot storefront with high-quality finishes and prominent retail frontage along 9th Avenue’s highly trafficked corridor.
1226 9th Avenue serves a dense, affluent neighborhood with high average household incomes and strong local demand. The Property is surrounded by leading restaurants, boutiques, and major amenities including Golden Gate Park and UCSF.
This offering presents a unique opportunity to acquire a generational Class A retail asset, anchored by San Francisco’s renowned Tartine Bakery, in one of the city’s most vibrant and established shopping corridors.
The Property is 100% leased to Tartine Bakery, one of San Francisco’s most iconic and award-winning culinary brands, under a fully guaranteed long-term NNN lease with annual rent escalations. The site features a 3,000 square foot storefront with high-quality finishes and prominent retail frontage along 9th Avenue’s highly trafficked corridor.
1226 9th Avenue serves a dense, affluent neighborhood with high average household incomes and strong local demand. The Property is surrounded by leading restaurants, boutiques, and major amenities including Golden Gate Park and UCSF.
This offering presents a unique opportunity to acquire a generational Class A retail asset, anchored by San Francisco’s renowned Tartine Bakery, in one of the city’s most vibrant and established shopping corridors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built/Renovated
1907/2018
Price
$4,450,000
Price Per SF
$1,483.33
Cap Rate
5.14%
NOI
$228,757
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.49
Lot Size
0.14 AC
Zoning
NCD - Neighborhood Commercial District (NCD)
Frontage
24’ on 9th Ave
Amenities
- Bus Line
- Metro/Subway
- Skylights
Property Taxes
| Parcel Number | 1742-032 | Improvements Assessment | $2,034,179 |
| Land Assessment | $3,051,270 | Total Assessment | $5,085,449 |
Property Taxes
Parcel Number
1742-032
Land Assessment
$3,051,270
Improvements Assessment
$2,034,179
Total Assessment
$5,085,449
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