30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111...

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OFFERING MEMORANDUM 30 MASON ST #C101 - DOWNTOWN RETAIL San Francisco, CA 94102

Transcript of 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111...

Page 1: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

O F F E R I N G M E M O R A N D U M

30 MASON ST #C101 - DOWNTOWN RETAILSan Francisco, CA 94102

Page 2: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

The information contained in the following investment summary is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NAI Northern California Investment Real Estate Brokerage and should not be made available to any other person or entity without the written consent of the broker. The investment summary has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The broker has not made any investigation, and makes to warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the complance with state and federal regulations, the physical condiion of improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue occupancy of the subject property.

The information contained in the marketing brochure has been obtained from sources we believe to be reliable. However, the broker has not verified, and will not verify, any of the information contained herein, nor has the broker conducted any investigation regarding these matters, and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

For More Information

Mary Alam, MBASenior Vice PresidentO: 415.358.2111M: [email protected] #01927340

CJ BrillInvestment AdvisorO: 415.349.0147M: [email protected] #02073511

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Confidentiality & Disclosure

Page 3: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

30 Mason St #C10130 Mason St #C101

San Francisco, CA 94102

Mary Alam, MBASenior Vice President

O: [email protected]

CalDRE #01927340

CJ BrillInvestment Advisor

O: [email protected]

CalDRE #02073511

04PROPERTYINFORMATION

06ZONING

Table of Contents

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09LOCATIONINFORMATION

13DEMOGRAPHICS

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Property Inform

ation

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NAI Northern California, as exclusive advisor, is pleased to present for sale 30 Mason St, a 264 square foot street level retail condominiumlocated off the 5th & Market St intersection in downtown San Francisco. A short walk from many amenities such as Powell BART station, 6x6,Westfield Center, Union Square and many more, the subject property is an opportunity to own real estate in the coveted mid-market area ofSan Francisco. 30 Mason St is a high foot traffic location (40,000 per day - Market & Mason) with a walk score of 99 and a transit score of100.

Strategically located in the mid-market corridor, 30 Mason presents an owner-user or investor a rare opportunity to join the plethora ofrestaurants, large scale hotels, Union Square shopping, major housing developments and high tech company headquarters.

30 Mason is the sole ground floor retail space for San Francisco's historic Garfield Building. Designed by the Reid Brothers after the 1906earthquake, the building was owned for over 50 years by the famous, Drexler family.

Property Information

Page 5: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

Executive Summary

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PRICE$405,000

SQ FT264 SF

ADD TEXT HERE...Add text here...

ProProperty Hperty Hiigghhliligghhtsts

• Prime downtown San Francisco location

• Unit to be delivered vacant in a clean shell

• Ideal for a small business, owner/user such as a deli, retail sales,convenience store, etc.

• Recently renovated

• Retail condominium in The Garfield Building, San FranciscoLandmark 244

• Located seconds away from the Westfield Mall, 6x6, Union Squareand much more

• One block from Powell St BART Station

• Excellent walk and transit scores

• 250 residential units, 230 hotel rooms and retail under constructionacross the street at 950-974 Market

• $2.1 Billion spent within a one mile radius (2019 Consider SpendingReport)

Other DetaiOther Detailsls

Year Built/Remodeled: 1908 / 2005

APN: 41-015

Traffic Count: (Market & Mason) 40,000 / Day

Zoning: C-3-G: DowntownCommercial General

Walk Score 99/100

Transit Score 100/100

Page 6: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

C-C-3-G: Do3-G: Downtowntown - Commerciawn - Commercial General Generall

This district covers the western portions of downtown and iscomposed of a variety of uses: Retail, offices, hotels, entertainment,clubs and institutions and high-density residential. Many of the useshave Citywide or regional function, although the intensity ofdevelopment is lower than in the downtown core area. As in thecase of other downtown districts, no off-street parking is requiredfor individual commercial buildings. In the vicinity of Market Street,the configuration of this district reflects easy accessibility by rapidtransit.

To see if your business is permitted at this location, please followthe link below:

https://build.symbium.com/business/sanfrancisco?apn=0341015#refinement

Zoning

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Page 7: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

Additional Photos

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Page 8: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

Additional Photos

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Page 9: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

Location Information

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Ranked first in product innovation with the number of product patents, the San Francisco Bay Area is anchored by three major cities: SanFrancisco, San Jose and Oakland. Major corporations in these cities and the surrounding area make the region second in the nation inconcentration of Fortune 500 companies, after New York. Well-known for its iconic skyline, steep hills, historic cable cars, Fishermans, Wharf,and the Golden Gate Bridge, the city of San Francisco is voted Best US City by Cone Nast Traveler magazine and has maintained this rankingfor two decades.

The Bay Area's nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma. Home toapproximately 7.15 million people, the Bay Area contains many cities, towns, airports, and associated regional, state, and national parks,connected by a network of roads, highways, railroads, bridges, tunnels and commuter rail. The combined urban area of San Jose and SanFrancisco is the largest in Northern California, the second largest in California (after Los Angeles), and the 56th largest urban area in theworld.

The area is renowned for its high incomes and includes the five highest California counties per capita income and two of the top 25wealthiest counties in the Unites States. The Bay area was the largest driver of population growth in the state in 2012, with four of the fivefastest growing counties (Santa Clara, Alameda, San Mateo and San Francisco), located in the Bay Area.

Location Information

Page 10: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

6 x 6 Retail Center

950-974 Market St - New Development / Under Construction Westfield Center

Nearby Landmarks

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Regional Map

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Page 12: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

Location Map

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Page 13: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

PoPopupulalationtion 1 Mi1 Milele 3 Mi3 Milesles 5 Mi5 Milesles

Total Population 157,247 483,171 770,180

Median age 42.3 38.3 38.7

Median age (Male) 42.4 38.6 38.3

Median age (Female) 41.7 37.9 39.0

Growth 2019-2024 7.75% 6.15% 13.29%

Growth 2010-2019 33.04% 18.73% 13.29%

Households & IncomeHouseholds & Income 1 Mi1 Milele 3 Mi3 Milesles 5 Mi5 Milesles

Total households 60,013 225,883 330,339

# of persons per HH 1.8 1.9 2.2

Average HH income $109,340 $142,396 $140,868

Average house value $894,413 $1,043,244 $1,021,123

* Demographic data derived from 2010 US Census

Demographics Map & Report

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Page 14: 30 MASON ST #C101 - DOWNTOWN RETAIL · Mary Alam, MBA Senior Vice President O: 415.358.2111 malam@nainorcal.com CalDRE #01927340 CJ Brill Investment Advisor O: 415.349.0147 cjbrill@nainorcal.com

1 0 1 C A L I F O R N I A ST R E E T, S U I T E 8 5 0, SA N F R A N C I S C O, C A 9 4 1 1 1

Mary Alam, MBASenior Vice PresidentO: 415.358.2111M: [email protected] #01927340

CJ BrillInvestment AdvisorO: 415.349.0147M: [email protected] #02073511