Price Reduced to $7,988,0000 - Multi-Tenant, Professional Office & Dental Building - San Francisco, CA

345 West Portal Avenue San Francisco, CA 94127

345 West Portal Avenue, San Francisco, CA, 94127
Aerial Photo of 345 West Portal
345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127 345 West Portal Avenue, San Francisco, CA, 94127
FOR SALE FOR LEASE
Property Type:
Medical/Healthcare
Amount:
$7,988,000
Last Verified:
Dec 14, 2024

Daily Email Blast
0 times


Highlights


Description

This is an outstanding opportunity to purchase an attractive, multi-tenanted medical office building in one of the most affluent commercial corridors in San Francisco. This is a well maintained, pride of ownership building. It is 77.65% occupied with tremendous upside. In-place cap. rate is 4.67%, increasing to 7.18% once the two vacant suites are leased. Tenants include 4 dentists, 1 medical doctor, and 3 professional office businesses. West Portal serves as the principal shopping district in southwestern San Francisco. West Portal is primarily tenanted by neighborhood residents who prefer to office close to home.

Attractive, light-filled office or medical office space for lease. The top floor has windows on both sides and elevator access. This is an outstanding opportunity to lease space in one of the most affluent commercial corridors in San Francisco. It is a well maintained building with on-site parking at the rear of the building. Great transportation links to San Francisco & Peninsula, muni stops nearby. The neighborhood's main corridor, West Portal Avenue, serves as a principal shopping district of southwestern San Francisco. West Portal is primarily tenanted by neighborhood residents who prefer to office close to home.

345 West Portal Avenue


Year Built: 1966
Building Size: 10180sq ft
Building Class: B
Lot Size: 0.22 acres


Documents

For Lease Brochure 345 W Portal Ave San Francisco
Offering Memorandum 345 W Portal Ave Sale

Units for Lease

345 West Portal Avenue, 4th Floor
Space Available: 2275 SF
Lease Type: NNN
345 West Portal Avenue, Suite 320
Space Available: 578 SF

Map of 345 West Portal Avenue, San Francisco, CA, 94127

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.