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

The Double Nickel - 55 Hawthorne

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 55 Hawthorne (“The Double Nickel” or the “Property”), a 145,183 square foot 11-story creative office building in San Francisco’s South Financial District. The Property features eight office floors and a five level parking garage (two below grade) with 275 stalls. At 12% occupancy, this asset offers significant value-add potential. Qualified investors will have the opportunity to assume the existing financing, with terms available upon request.


The Double Nickel offers best-in-class creative office space with minimal near-term capital requirements, allowing investors to focus resources on leasing initiatives. The Property benefits from substantial base building improvements by previous ownership and significant recent tenant improvement investments, positioning it to capture outsized leasing activity or attract a major single tenant amid growing large-user demand in San Francisco.


The building’s design emphasizes functionality and appeal, featuring high ceilings, generous setbacks with protected view corridors, and premium amenities including an expansive rooftop deck and fully equipped locker rooms with showers. The efficient side-core layout creates large 17,300 square foot floor plates that accommodate both single-floor tenants and larger users seeking multiple contiguous floors.


Strategically located in South Financial District, the Property offers convenient access to Salesforce Park and world-class retail amenities. Its transit-centric location provides easy access to all major transportation hubs including Transbay, BART, and Muni systems.


The Double Nickel represents a rare opportunity to acquire a highly amenitized, extensively renovated creative office building with exceptional repositioning potential in one of San Francisco’s most coveted submarkets.

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Attributes

Building area net
145,183 sf
Year built
1970
Year renovated
2016
Floors
11
Occupancy
12%
WALT
0.7 years
Parking spaces
275
Land area gross
0.58 acres

Media

Investment highlights

  1. Best-In-Class Creative Office Space With Very Limited Near-Term Capital Required & Modern Building Systems
  2. Top-Tier Roof Deck And 5 Levels Of Parking
  3. Bullseye South Financial District Location Boasting Strong Leasing Demand
  4. Significant Parking Revenue Component Diversifying The Cash Flow Stream And Providing Steady Income
  5. Significant Investment By Previous Ownership And Former Tenant (Yelp)
  6. High Quality Build-Out Minimizing Re-Leasing Capital
  7. Excellent Access To San Francisco’s Transit Network, Just Steps Away From SF Transbay Center, BART, Caltrain, US-101 & Interstate-280
The Double Nickel - 55 Hawthorne 4_Property for Sale
The Double Nickel - 55 Hawthorne 4_Property for Sale

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The Double Nickel - 55 Hawthorne (0 Properties)

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Last updated
Mar 26, 2026