For Sale: Credit Medical Tenant @ 6% In-Place Cap. Rate. 490 Post, Suite 419

490 Post Street, Suite 419, San Francisco, CA

$739,000

Price

6%

Cap Rate

$44,340

NOI

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Street
Map
Overview
Cap Rate
6%
NOI
$44,340
Building Size
821 sqft
Class
B
Year Built
1925
Parking Spots
200
Description

This suite is currently occupied by Lap. Corp. who recently renewed their lease at $4.50/SF/MO/NNN with 3% annual increases. This is a corner suite with a restroom. Medical office and professional office uses are permitted. Operable windows with lots of natural light. This is a rarely available commercial condominium in the 490 Post Street building.

Prestigious address in Union Square San Francisco. Proximity to shopping, hotels and restaurants. Easy access to BART and MUNI bus and underground routes.

Highlights
  • Open 24/7 with building security
  • Easy management of Owners Association expenses through a professional management company
  • 490 Post is one of the main medical/dental buildings in San Francisco
  • Great transportation links, BART and Muni
  • Monthly/daily/hourly paid parking available in the building
  • Multiple parking garages within a block
Documents
Location
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