55 Hawthorne_Property for Sale
55 Hawthorne_Property for Sale
55 Hawthorne St, San Francisco, CA, 94105-3906, US

55 Hawthorne

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire the fee simple interest in 55 Hawthorne Street (“55 Hawthorne” or the “Property”), an 11-story asset consisting of 8 stories of Class A creative office and a five-level parking structure in San Francisco’s South Financial District. The Property is 100% leased to Yelp through July 2025 offering near-term cash flow through expiration with significant upside potential via future lease-up. The Property boasts a multitude of leasing advantages, appealing to today’s tenants, demonstrated by significant subleasing activity across the entire building.


55 Hawthorne features 145,183 SF of best-in-class creative office space and unmatched amenities, including an expansive rooftop deck and 5 stories of on-site parking. The Property enjoys a transit-centric location in South FiDi, just a short walk from all major transportation nodes (Transbay, BART, MUNI, etc.).


55 Hawthorne offers investors the rare opportunity to acquire a highly amenitized creative office building with near-term cash flow in a coveted South Financial District location.

...

Attributes

Building area net
145,183 sf
Occupancy
100%
Year built
1970
Land area gross
0.58 acres

Media

Investment highlights

  • Best-In-Class Creative Office Space With Very Limited Near-Term Capital Required & Modern Building Systems
  • 100% Leased Through 7/2025 With Strong Near-Term Cash Flow From Yelp
  • Attractive Assumable Debt Through January 1, 2027
  • Highly Sought-After Amenities Including Top-Tier Roof Deck And 5 Levels Of Parking
  • Bullseye South Financial District Location Boasting The Strongest Leasing Demand In San Francisco
  • Significant Parking Revenue Component Diversifying The Cash Flow Stream And Providing Steady Income
  • High Quality Build-Out Minimizing Re-Leasing Capital
  • High Utilization By Subtenants With The Opportunity To Go Direct Upon Expiration
  • Excellent Access To San Francisco’s Transit Network, Just Steps Away From SF Transbay Center, BART, Caltrain, US-101 & I-280
55 Hawthorne 4_Property for Sale
55 Hawthorne 4_Property for Sale

Contact brokers

55 Hawthorne (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? Visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. E-Mail us today to see how we can help achieve your ambitions.
Last updated
Jun 5, 2024