SOLD
Pacific Capital Acquires Retail Property In San Francisco For $9.35M
2145 Market Street
Retail
29,762 SF
29,762 SF
Sold 15 days ago
Summary
Sale
CALIFORNIA
Retail
29,762 sqft
The property at 2145 Market Street, located in San Francisco, was recently sold for $9.35 million. This 29,762-square-foot retail asset is fully leased to Walgreens and Live Fit Gym. It offers a Weighted Average Lease Term (WALT) of 10.2 years and is situated in a prime neighborhood with strong commercial appeal and high-income demographics.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,350,000
- Market: San Francisco
- Address: 2145 Market Street
- Square Footage: 29,762
- Price per Square Foot: $314
The sale of the property was facilitated by brokers Andrew Spangenberg, Eric Kathrein, Jen Mistretta, and Warren McClean from JLL. The transaction reflects the ongoing investor interest in premier retail locations within San Francisco, showcasing the expertise and market knowledge of the involved broker team.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: 05/03/2024
ADDRESS: 2145 Market Street
MARKET: San Francisco
ASSET TYPE: Retail ~ ACRES: 0.36
BUYER: Pacific Capital
BROKERS: Andrew Spangenberg, Eric Kathrein, Jen Mistretta & Warren McClean - JLL
SALE PRICE: $9,350,000
SF: 29,762 ~ PPSF: $314
NOTE: JLL Capital Markets has completed the sale of 2145 Market St., a 29,762-square-foot retail property in San Francisco, for $9.35 million. The asset, fully leased to Walgreens and Live Fit Gym, offers a WALT of 10.2 years and is situated in a prime neighborhood with strong commercial appeal and high-income demographics, reflecting ongoing investor interest in San Francisco's premier retail locations.View on map
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Address2145 Market Street
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