1525-1535 Mission St
San Francisco, CA 94103
Office Property For Sale

Pearson Properties and Ten-X Commercial are pleased to present the opportunity to acquire 1525-1535 Mission Street in San Francisco, California (the "Property"). In the path of progress, the Property exemplifies an ideal core-plus opportunity for an investor or developer to acquire a 100% leased SoMa/Van Ness Corridor office building across from the under construction Related Companies 540 unit, 39 story high rise multifamily development. The Property is comprised of a diverse tenant base with staggered expirations which hedges the buyer from downside risk in a single industry - tenant industries include architecture, technology, publishing, and a bar. The C-3-G zoning permits a large project review from the planning department and accommodates a wide variety of uses. The Property is fully sprinklered with a new fire alarm system. The property is part of the Van Ness & Market Downtown Residential Special Use District. Per the City, “This District is intended to be a transit-oriented, high-density, mixed-use neighborhood with a significant residential presence. This area is encouraged to transition from largely a back-office and warehouse support function to downtown into a more cohesive downtown residential district and serves as a transition zone to the lower scale residential and neighborhood commercial areas to the west of the C-3. A notable amount of large citywide commercial and office activity will remain in the area, including government offices supporting the Civic Center and City Hall. This area was initially identified in the Downtown Plan of the General Plan as an area to encourage housing adjacent to the downtown."