1369-1371 Fulton St | San Francisco, CA 94117
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- LoopNet Team
1369-1371 Fulton St
San Francisco, CA 94117
Corporate Guaranteed SF Pet Hospital · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- ProForma CAP Rate of 5.77% (Built-in Rental Increases) / Attractive Offering actual CAP Rate of 5.59% / CORPORATE GUARANTEED
- The Property is Priced @ $544.11 per Sq. Ft. (This Includes the 2,050 Sq. Ft. Vacant / Shell Space) / Current GRM of 16.24, ProForma GRM of 15.76
- The tenant San Francisco Pet Hospital has occupied this location for 40+ years and is a local favorite!
- Mixed-Use Building (Storefront Retail/Pet Hospital,Second Floor Residential) / NNN properties in the immediate area are tradingbetween 4.00%-5.00% CAP
- Single Tenant NNN, 5 year lease, with built-in 3.00%annual rental increases / Property is Located just North of Panhandle District.
- The pet industry market is experiencing major growth as pet ownership in America is at an all-time high
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,892 SF
Building Class
B
Year Built
1905
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.08 AC
Zoning
NC2 - Neighborhood Commercial Transit District
Frontage
25’ on Fulton St
PROPERTY TAXES
| Parcel Number | 1182-022 | Improvements Assessment | $1,070,895 |
| Land Assessment | $2,498,760 | Total Assessment | $3,569,655 |
PROPERTY TAXES
Parcel Number
1182-022
Land Assessment
$2,498,760
Improvements Assessment
$1,070,895
Total Assessment
$3,569,655
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