Office•Office Building•For Sale

The Park Building

64 S Park St, San Francisco, California 94107

Sale Price $34,000,000
Sale Type Net Lease Investment
Zoning B-1 / B-2
Bldg Type Multi-Tenant
Class A
Year Built 2014
Year Renovated 2014
Stories 5
Cap Rate 16.37%
Vacancy 100%
Gross Bldg 180,000 SqFt
Land Area .08 Acres
Avail Parking 3/1000SqFt
Improvements 333 Brannan is a 180,000 square foot, LEED Platinum project designed by David Johnson of William McDonough + Partners, a pioneer and leader in sustainable architecture. The many sustainable design elements include solar panels, on-site water capture, recycling, a rooftop garden, bike racks, a car-share program, electric-vehicle charging stations –all encouraging and supporting an urban, transit-friendly community style of living and working. Moreover, the development is being designed as part of an urban micro grid that will share electrical energy, heating and cooling among neighboring buildings. The building is 100% leased to Dropbox, the online leader in file sharing. Location Highlights Located in a neighborhood of remarkable rebirth that has resulted in the development of the new wave of Class A office properties and luxury residential developments High-profile tenant anchor, Dropbox Blocks from the city’s major software and technology high growth companies including Zynga, Adobe, Airbnb and Advent Technologies Steps from trendy restaurants, designer showrooms and entertainment/night-life venues including the Giant’s AT&T Park and Lucky Strike bowling lanes. Superior access to the Bay Bridge, Interstates 80 and 280 and Highway 101.
Net Op Inc $5,567,056
MLS# 23273849
The many sustainable design elements include solar panels, on-site water capture, recycling, a rooftop garden, bike racks, a car-share program, electric-vehicle charging stations–all encouraging and supporting an urban, transit-friendly community style of living and working. Moreover, the development is being designed as part of an urban micro grid that will share electrical energy, heating and cooling among neighboring buildings. The building is 100% leased to Foxbin, the online leader in file sharing. The Park Building is a 180,000 square foot, LEED Platinum project designed by a pioneer and leader in sustainable architecture. The many sustainable design elements include solar panels, on-site water capture, recycling, a rooftop garden, bike racks, a car-share program, electric-vehicle charging stations–all encouraging and supporting an urban, transit-friendly community style of living and working. Moreover, the development is being designed as part of an urban micro grid that will share electrical energy, heating and cooling among neighboring buildings. Location Highlights Located in a neighborhood of remarkable rebirth that has resulted in the development of the new wave of Class A office properties and luxury residential developments High-profile tenant anchor, Foxbin Blocks from the city’s major software and technology high growth companies, trendy restaurants, designer showrooms and entertainment/night-life venues. Superior access to the Windy River Bridge, Interstates 90 and 240 and Highway 112.
  • Located in a neighborhood of remarkable rebirth that has resulted in the development of the new wave of Class A office properties and luxury residential developments
  • Blocks from the city’s major software and technology high growth companies
  • Leased to high profile agency Foxbin
  • Steps from trendy restaurants, designer showrooms and entertainment/night-life venues
  • Superior access to the Windy River Bridge, Interstates 90 and 240 and Highway 112

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11/6/2018 10:40:25 PM 11/12/2018 9:32:49 PM
Kristopher Krisco
Principal
Commercial Partners

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