Lease Listings $450,000
PROPERTY OVERVIEW
- Size. ±15,317 SF (ground floor) + ±1,145 SF (basement + mezz)
- Rent. $450K/yr, modified gross (±29 psf/yr)
- Master Lease Expiration. April 30, 2030
- Location. Market Street, between 4th St. & 5th St.
- Transit. Immediate access to Powell Street BART/Muni and cable car turnaround
- Parcel Info. Property Record
- Zoning. C-3-R-160-S / PEG-SUD Permitted Uses
- Prohibited Use. Pharmacy, secondhand store
LOCATION OVERVIEW
- Property. Prominent downtown ground floor retail on Market Street. Adjacent to Levi’s and around corner from Trader Joe’s.
- Transit. Powell Street BART and Muni Underground entrance located in front of store
- Neighborhood. One block from the Powell Street cable car turn around and adjacent to major transit, shopping, hotels and Yerba Buena / Union Square visitor traffic.
- Demographics. Population of approx. 153K within a 1 mile, with average HH incomes of approx. $166K.
SUBLEASE TERMS*
- SUGGESTED RENT* $450,000 (±29 psf/yr) (inclusive of RET; R&M, insurance, utilities separate)
- SUBLEASE TERM 4/30/30
- DELIVERY “As-Is”
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
