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3550 Geary Blvd
San Francisco, CA 94118
San Fran NNN US Bank | $400,000 Reduction · Retail Property For Sale
Investment Highlights
- Fresh Lease Extension Brining the Firm Term to 10 + Years.
- Unique Acquisition Opportunity for an Investor who wants to Capitalize on the Property’s Redevelopment Potential while Enjoying Years of Income.
- The Subject Property will Allow for up to 85 Feet and Eight Stories if the Proposed Expanding Housing Choice Rezoning Plan is Implemented.
- Rare Infill San Francisco NNN US Bank Located in the Coveted Jordan Park/Laurel Heights Neighborhood.
- California State Laws Mandate that San Francisco must Build a Significant Number of New Housing Units, Pushing the City to Implement Up Zoning.
- Strong Branch Deposits and Commitment to the Branch - US Bank Deposits Increased to $161,746,000 from $109,000,000 in the Prior Year.
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
12,450 SF
Building Class
B
Year Built
1955
Tenancy
Single
Building Height
3 Stories
Building FAR
1.02
Lot Size
0.28 AC
Zoning
NC3 - The subject property falls in the Geary Boulevard Neighborhood Commercial District.
Parking
6 Spaces (0.48 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
Property Taxes
| Parcel Number | 1062-027 | Improvements Assessment | $1,045,401 |
| Land Assessment | $1,717,539 | Total Assessment | $2,762,940 |
Property Taxes
Parcel Number
1062-027
Land Assessment
$1,717,539
Improvements Assessment
$1,045,401
Total Assessment
$2,762,940
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