For Sale
$499,000

Nda Required San Francisco, CA 94112

Pre-operational, high-traffic location

Overview

Added:
Dec 11, 2024
Days on market:
133
This pre-operational cannabis dispensary in San Francisco's Excelsior/Cayuga Terrace neighborhood presents a unique investment opportunity. The 3,385 square foot, two-story mixed-use property boasts a prime location at a lighted intersection with approximately 20,000 cars passing daily. The building includes a 1,450 square foot ground floor retail space ideal for build-out, plus two existing residential units leased month-to-month, generating a combined $2,200 monthly rental income. The property benefits from strong demographics, including a population of approximately 185,000 within a two-mile radius and an average household income of roughly $160,000 per year. Its proximity to major transportation arteries, such as Interstate 280 and the Balboa Park BART station (a 10-minute walk), further enhances its appeal. The location's WalkScore boasts a 95 for walkers, 84 for transit, and 74 for biking, indicating excellent accessibility. The property's strategic placement minimizes competition, with only three operational dispensaries within a 2,500-foot radius. This presents a compelling opportunity for an owner-user or investor seeking a high-growth potential business in a thriving market. The asking price is $499,000, with the option to lease or purchase the property separately. A social equity permit is available at 40%. The property's strong location and demographics suggest a strong resale value for future exit.

Highlights

  • Sale Price: $1,500,000 ($436/SF)
  • Lease Rate: $7.00/SF NNN, $10,150/month NNN
  • 3,385 SF Two-Story Mixed-Use Building
  • Two Residential Units, Month-to-Month Leases, $2,200/month combined rent
  • 1,450 SF ground floor retail space, ideal for build-out
  • Social Equity Permit (40%)

Property Details for 0 Nda Required

Property type
Retail properties

Location Insight

City
San Francisco
County
San Francisco
State
California
Latitude
37.7225491
Longitude
-122.4410618

FAQs

What type of property is this?
Retail property - Pre-operational, high-traffic location
Where is the retail property located?
The property is located at Nda Required San Francisco, CA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Sale Price: $1,500,000 ($436/SF); Lease Rate: $7.00/SF NNN, $10,150/month NNN; 3,385 SF Two-Story Mixed-Use Building
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Nda Required
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message