425 Broadway
San Francisco, CA 94133
425 Broadway Street · For Lease
Property Facts
| Property Type | Land | Proposed Use | Parking Lot |
| Property Subtype | Commercial |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Parking Lot |
Property Overview
The Property is also well-positioned for a future EV or fleet charging facility. The site faces both Broadway and Montgomery Streets, there are 22K vehicles per day on the Broadway corridor, and there are no other high-speed charging facilities in the area. Additionally, the City of San Francisco recently adopted a new electric vehicle and fleet charging ordinance to streamline the development of new fast-charging plazas for automotive uses under the zoning code. The Property is located at the confluence of three leading submarkets, Jackson Square, North Waterfront, and North Beach. The Property is close to dense multi-family housing, high-end offices, and significant retail establishments. Moreover, the area currently has no high-speed charging facilities and numerous multi-family dwellings without access to garages or high-speed charging.
Highlights
- Opportunity to convert existing garage into an EV charging location along a heavily trafficked retail corridor (22,211 cars per day)
- 100% of new car sales in California must be zero-emission vehicles (ZEVs) by 2035.
- North Beach is hub for nightlife increasing the need for electric ride services to and from the area
- The Jackson Square, Chinatown, North Beach, and North Waterfront neighborhoods combined have only 32 electric vehicle charging stations across 9 locat
- Adjacent neighborhoods of North Beach and Chinatown are among the most densely populated neighborhoods in San Francisco
- ESG Investment Opportunity: Environmental and Social. Nearly 70% of San Francisco residents live in multi-unit buildings, and most don’t have home cha
