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CREDIT TENANT NNN RETAIL
INVESTMENT OPPORTUNITY
INVESTMENT HIGHLIGHTS § NNN Leased to JP Morgan Chase Bank (“Chase”), an S&P A+ rated credit
tenant, through March 2022.
§ Premier Chestnut Street retail location surrounded by nationally and internationally recognized retailers such as Apple, Gap and Pottery Barn as well as some of San Francisco’s best restaurants, bars and cafes including A16, Tacolicious, Tipsy Pig and Le Marais Bakery.
§ 33 feet of prime retail frontage along Chestnut Street in the Marina District, one of the most desirable neighborhood retail locations in San Francisco that sees limited investment opportunities come-to-market.
§ Exceptional long-term appreciation potential in one of the most coveted investment markets across the United States.
§ The Marina District is subject to the City’s Formula Retail (“Chain-Store”) restriction whereby tenants/users who have more than 11 locations globally are required to obtain a Conditional Use Permit (CUP). Furthermore, the Chestnut Street Financial Services Subdistrict restriction prohibits additional banks and financial institutions from leasing space in this area, ultimately solidifying Chase’s long-term tenancy at 2166 Chestnut.
§ Chase’s deposits at the Property (as of June 2016): ± $160 million, one of the 10 highest in all of their 42 locations across San Francisco County.
INVESTMENT OVERVIEW Address 2166 Chestnut Street, San Francisco, CA 94123Building Area (est.) 3,264 Frontage 33 Feet on Chestnut StreetOccupancy 100%Tenant JP Morgan Chase BankLease Expiration March-2022
D I V I S I D E R O
CH
ES
TN
UT
S C O T T
P I E R C E
Marina Deli
Marina Theater
S T E I N E R
F I L L M O R E
M A L L O R C A
AV I L A
California Wine Merchant
DelaRosa
ristobar
A16
pottery barn
crunch fitness
super duper
blue barn
Coffee Roastery
SURROUNDED BY PREMIER RETAILERS
apple
EXCLUSIVE INVESTMENT ADVISORS
PRIMARY CONTACTS
TONY CROSSLEYexecutive vice [email protected]. 00900574
TIM MAASExecutive Vice [email protected]. 00956740
SECONDARY CONTACTS
FRANK WHEELERExecutive Vice [email protected]. 00831700
DARREN KUIPERVice [email protected]. 01958824
Colliers Investment Services Group101 2nd Street | Fl. 11 | San Francisco, CA | 94105T: 415.788.3100 | F: 415.433.7844colliers.com