989 Market_Property for Sale
989 Market_Property for Sale
989 Market St, San Francisco, CA, 94103-1708, US

989 Market

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 989 Market Street, a 52% leased 6-story boutique creative office asset with best-in-class finishes and ground floor retail along San Francisco’s most prominent thoroughfare. The 117,178 SF asset offers differentiated product with extensively renovated creative office space requiring minimal near-term capital. With high open ceilings and top-tier build outs, 989 Market boasts headquarters quality office space and fully leased ground floor retail. The Property offers excellent business plan optionality to capture a full-building user or multi-tenant lease up. 989 Market offers a unique opportunity to acquire a fully renovated creative office asset at an attractive basis in a transit-oriented Market Street location.

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Attributes

Building area net
10,886 sm
Occupancy
52%
Year built
1907

Media

Investment highlights

  • Best-in-class office build outs with high open ceilings.
  • Ideal building size providing optionality for a single user or multi-tenant lease up
  • Institutionally maintained with very limited near-term capital required
  • Attractive basis below replacement cost with near-term cash flow
  • Top-tier nearby amenities and entertainment
  • Direct access along Market Street with proximity to BART and Caltrain
989 Market 4_Property for Sale
989 Market 4_Property for Sale

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989 Market (0 Properties)

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Last updated
Apr 4, 2024