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Mixed-Use

Kearny & Clay Portfolio

700 Kearny St, San Francisco, CA 94108

Listing Price: $23,114,000

Cap Rate
6.37%
Number of Units
143
Occupancy
85.0%
Price/Unit
$161,636
Price/Gross SF
$701.08
Gross SF
32,969

Investment Overview

The Kearny & Clay Portfolio consist of three adjacent parcels, three classic turn-of-the- century buildings featuring residential units over retail and commercial uses located at the intersection of Kearny Street and Clay Street straddling San Francisco’s Financial District and world-renowned Chinatown Community.
The Properties may be acquired as a portfolio, or 700 Kearny may be acquired separately. 668 Clay and 659 Merchant are combined and may also be acquired separate from 700 Kearny.

Investment Highlights

  • RELIABLE INCOME – 78.7% LEASED TO CREDIT TENANT
  • HUGE UPSIDE UPON UNIT LEASE-UP
  • PRICED BELOW REPLACEMENT COST $161K/UNIT
  • EXCEPTIONAL DEMOGRAPHICS – 389,000+ RESIDENTS | $158,000 HH INCOME

Exclusively Listed By

Financing By

Mixed-Use

Kearny & Clay Portfolio

Listing Price: $23,114,000

Cap Rate
6.37%
Number of Units
143
Occupancy
85.0%
Price/Unit
$161,636
Price/Gross SF
$701.08
Gross SF
32,969

Investment Highlights

  • RELIABLE INCOME – 78.7% LEASED TO CREDIT TENANT
  • HUGE UPSIDE UPON UNIT LEASE-UP
  • PRICED BELOW REPLACEMENT COST $161K/UNIT
  • EXCEPTIONAL DEMOGRAPHICS – 389,000+ RESIDENTS | $158,000 HH INCOME

Investment Overview

The Kearny & Clay Portfolio consist of three adjacent parcels, three classic turn-of-the- century buildings featuring residential units over retail and commercial uses located at the intersection of Kearny Street and Clay Street straddling San Francisco’s Financial District and world-renowned Chinatown Community. The Properties may be acquired as a portfolio, or 700 Kearny may be acquired separately. 668 Clay and 659 Merchant are combined and may also be acquired separate from 700 Kearny.

Exclusively Listed By

Financing By

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