Silver Terrace SF; Lease; Retail Opportunity; Low Rent/Long Term Lease

San Francisco, CA (San Francisco County)

Silver Terrace SF; Lease; Retail Opportunity; Low Rent/Long Term Lease
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Silver Terrace SF; Lease; Retail Opportunity; Low Rent/Long Term Lease

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Property Description

5024 3rd Street Sf, Silver Terrace; For Lease; Retail Opportunity; Low Rent/long Term Lease

RRC#: 3682
Asking Price: For Lease $2.25/square foot + NNN
Location: 5024 3rd St., San Francisco

Listing Description:
Spacious, light-filled location with huge frontage on Third Street available for lease. The space is across the street from the new Bayview library, and close to the Bayview Opera House. The building has a historic storefront and high ceilings, and the retail space is 4508 square feet with additional storage space below street level. The location could be leased to a single tenant, or subdivided up to three individual businesses, or shared space. Complementary businesses such as a coffee roastery, coffee shop, and café could fill the space nicely.

The location is ideally situated, with easy access to public transportation and road access to other parts of the City and the Peninsula. It is right on the Third Street MUNI streetcar line, and close to other MUNI bus lines. The location is near the Shipyard Condo development, close to vibrant local businesses such as Flora Grubb, and within easy reach of Potrero Hill, the Dogpatch, and downtown. Such a location could be extremely advantageous for a commissary kitchen.

In addition, there is a designated parking lot behind the building, which can be used for loading and unloading catering, as well as overnight vehicle storage.

The Bayview neighborhood is part of an opportunity zone within the Mayor’s Invest in Neighborhoods Initiative. This initiative provides benefits, grants, and resources for businesses in this area.

The landlord is asking for $2.25/square foot + NNN in rent, and is open to providing a long-term lease and a tenant improvement allowance for qualified tenants.

Detailed Information

San Francisco, CA
Building Status:
Triple Net Lease:
Lease Terms:
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Steven D Zimmerman, CBB, M&AMI, CBI, FIBBA

Property Listed By:
Steven D. Zimmerman

Restaurant Realty Company

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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