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FOR SALE PRIME JEWEL BOX OFFICE BUILDING Financial District / San Francisco, CA 550 MARKET STREET / 19 SUTTER

550 MARKET STREET / 19 SUTTER€¦ · $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room

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Page 1: 550 MARKET STREET / 19 SUTTER€¦ · $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room

FOR SALE PRIME JEWEL BOX OFFICE BUILDING

Financial District / San Francisco, CA

550 MA

RK

ET ST

REET

/ 19 SUT

TER

Page 2: 550 MARKET STREET / 19 SUTTER€¦ · $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room

• Montgomery BART Station Steps Away

• Market Street and Sutter Street Frontages

• High Ceilings / Large Windows in the Offices

• Ground Floor Restaurant

• Offices Delivered Vacant

• Two (2) Street Frontages - Market Street and Sutter Street

HVAC: The office floors in the building have air conditioning and heat, and the restaurant has a flue that runs up a chase to the roof.

Opportunity: 550 Market / 19 Sutter presents a rare opportunity for an owner / user to both own and occupy in the heart of the Financial District steps from BART and Muni Metro.

Zoning Height: C-3-O District: Downtown Office with a 300’-S height limit.

Preservation: Category A - Historic Resource Present per the San Francisco Planning Property Information Map.

Floor to Area Ratio: The Floor to Area Ratio (“FAR”) is 9:1

Transferable Development Rights:

Transferable Development Rights (TDR’s) have not been sold off of this property. A buyer wishing to do so should contact Planning about getting the TDR’s certified prior to their sale.

Supervisorial District: District 3 - Aaron Peskin

Restaurant: Portico, with three locations, has a lease on the ground floor, mezzanine, and basement, at approximately $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room website for 550 Market / 19 Sutter.

Location: 550 Market Street / 19 Sutter Street, between Sansome and Montgomery Streets, San Francisco, aka APN 0291-002

Lot Size: Approximately 1,533 square feet of land, per RealQuest, in a trapezoid shape, which allows about 24.6’ of frontage on Market Street, about 20’ of frontage on Sutter Street, and depths of about 84’ and 69.5’ on the western and eastern dimensions respectively.

Improvements: Three-story plus mezzanine, basement, and rooftop entertainment room and terrace, concrete and steel, high ceiling building originally constructed in 1908. The building is served by one passenger elevator. The offices are entered off Sutter Street, while the retail space is entered off both Market Street and Sutter Street. The primary offices and conference room on floors 2 and 3 are generously sized as are the 2 renovated restrooms per floor on floors 2 and 3. The restroom attached to the primary office on the 3rd floor includes a shower. The rooftop entertainment room and terrace allows for a great break area.

Page 3: 550 MARKET STREET / 19 SUTTER€¦ · $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room

Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

NEIGHBORHOODMEZZANINE

OPEN TO BELOW

ELEV

DOWN

UP

OFFICE CLOSET

FIRST FLOOR

BASEMENT

ELEV

ELEV

UP

UP

ELEV

SU

TT

ER

ST

RE

ET

DOWN

LOBBY

ELEV

ELEV

DOWN

UP

UP

19 S

UT

TE

R

50 BROADW

AY

LOUNGE

FIRE ESCAPE

ELEV SKY LIGHTS

SKY LIGHTS

DOWN

EMERGENCY EXIT

ROOF DECK

ROOF

2ND FLOOR

ELEV

FOYER

UP

GALLERY

WORK SPACE

COATS

FILE STORAGE

CONFERENCE

3RD FLOOR

ELEV

RECEPTION

UP

FILE CABINETS GALLERY

WORKSTATION

WORKSTATION

DOWN

COPIER / MAILOFFICE

OFFICE

CLOSET

OFFICE

TOM CHRISTIANEXECUTIVE MANAGING DIRECTOR [email protected]+1 415 677 0424 LIC #00890910

TOM CHRISTIANEXECUTIVE MANAGING DIRECTOR [email protected]+1 415 677 0424 LIC #00890910

FLOOR PLAN (Mezzanine/ 1st Floor / Basement)

FLOOR PLAN (Roof / Floors 2 & 3)

Page 4: 550 MARKET STREET / 19 SUTTER€¦ · $125,000/per year. The lease continues to 2022 with an option to continue to 2027. More details on this lease are available on our data room

2ND & KING STA

TION

4TH & KING STA

TION

3rd St

4th St

5th St

6th St

2nd St

Folso

m St

Brannan St

Townse

nd St

Sutter St

Post St

Geary St

O’Farrell St

Ellis St

Turk St

Broadway St

Vallejo St

Sansome St

Green St

Ferry Building

California St

Pine St

Sacramento St

Clay St

Washington St

Jackson St

Paci�c Avenue

Bush St

Kearny St

Grant Ave

Stockton St

Powell St

Mason St

Taylor St

Montgom

ery St

Sansome St

Battery St

Front St

Davis St

Drum

m St

New Montgomery St

1st St

Fremont St

Beale St

Main St

Spear St

Steuart St

Market St

Mission St

Howard StUnion Square

Embarcadero Center

Yerba B

uena

Garden

s

550 MARKET / 19 SUTTER Transbay

Temporary Terminal

Cushman & Wakefield Copyright 2018. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.

TOM CHRISTIANEXECUTIVE MANAGING DIRECTOR [email protected]+1 415 677 0424 LIC #00890910

Tran

sbay

Term

inal