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1301 Folsom 1301 Folsom St 38,042 SF Flex Building San Francisco, CA 94103 For Sale
Investment Highlights
- Standout power with robust 2,000-amp, 277/480V three-phase electrical service
- Demand for R&D space continues to improve with positive average absorption over the previous 8 quarters
- Current ownership has spent over $215 per square foot improving the property since 2018
Executive Summary
Newmark, as exclusive advisor, is pleased to extend to qualified investors the opportunity to acquire the 100% fee-simple interest in 1301 Folsom Street (the “Property”), a completely renovated 3-story R&D building in San Francisco's coveted SOMA district.
View Property Website: https://platform.reverecre.com/project/a427a399-fc3e-496e-9e24-91c1835b01b7
View Property Website: https://platform.reverecre.com/project/a427a399-fc3e-496e-9e24-91c1835b01b7
Property Facts
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Flex | Year Built/Renovated | 1942/2019 |
| Property Subtype | Flex Research & Development | Tenancy | Single |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 0.31 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 38,042 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | Folsom NCT - Folsom Street Neighborhood Commercial Transit | ||
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.31 AC |
| Rentable Building Area | 38,042 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1942/2019 |
| Tenancy | Single |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Folsom NCT - Folsom Street Neighborhood Commercial Transit |
Amenities
- 24 Hour Access
- Conferencing Facility
- Mezzanine
- Signage
- Skylights
- Air Conditioning
Utilities
- Water - City
- Sewer - City
Exceptionally walkable
100/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 3519-001 | Improvements Assessment | $13,333,242 |
| Land Assessment | $9,284,686 | Total Assessment | $22,617,928 |
Property Taxes
Parcel Number
3519-001
Land Assessment
$9,284,686
Improvements Assessment
$13,333,242
Total Assessment
$22,617,928
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