1330 Polk Street Offering Memorandum

Multi-Tenant Retail Investment Opportunity | San Francisco, CA

BRIAN LEUNG LISA NG Senior Vice President Client Services Coordinator direct + 1 415 288 7881 direct + 1 415 288 7825 email [email protected] email [email protected] lic. 01203473 lic. 02032528 1330 Polk Street Table of Contents OFFERING SUMMARY 3

FINANCIAL OVERVIEW 4

PROPERTY PHOTOS 5

FLOOR PLANS 6

LOCATION OVERVIEW 10 1330 Polk Street Offering Summary Colliers International is pleased to present 1330 Polk Street, San Francisco, CA 94109 for purchase at $4,150,000. This is a great opportunity for an owner/user or investor to acquire the Fee Simple interest in a 4-unit commercial building consisting of three ground floor retail units (1 currently vacant) and one second floor retail unit in San Francisco, CA. Subject property is on the busy Polk Street corridor which is bustling with neighborhood boutique shops and fantastic restaurants. It is also conveniently located near public transportation to Downtown San Francisco. The area has a Walk Score of 99/100, Bike Score of 81/100, and Transit Score of 97/100.

General Information: Features: 1330 Polk Street Address: Use: Commercial Retail San Francisco CA 94109 Structure: Wood APN: 0668-006

Stories: 2 Building Square Feet: 7,500 SF (per tax records)

Parking/Garage: Street Lot Size: 3,750 SF (per tax records)

Utilities: PG&E Constructed: 1913

Water/Sewer: SF-PUC Zoning: POLK, 65’ height limit

3 Ground Floor Units: 1 Second Floor

OFFERING MEMORANDUM | 1330 POLK ST P. 3 COLLIERS INTERNATIONAL Financial Overview

Financial Overview LOCATION: 1330 POLK STREET, SAN FRANCISCO, CA 94109

List Price $4,150,000

GRM 18.48 Cap Rate 3.93% $/SF $553.33

Annual Gross Income

Unit # Lease Expiration Income

1330 - Internet Cafe Ground Floor MTM $3,600 1334 - Produce Store - Vacant Ground Floor N/A $4,631 1336 - Yoga Studio Second Floor Nov 2021 $5,541 1338 - Fresco Pizza Ground Floor Jan 2022 $3,654 Property Tax Reimbursement from Tenants1 $1,291 Monthly $18,717 GAI $224,602

1 - Unit 1330 - 20%; Unit 1336 - 10%; Unit 1338 - 15%

Annual Operating Expenses

Expense Categories Annual

PG&E $129 Property Insurance $8,372 Property Management $4,132 Business Tax Registration $263 Property Tax $48,650 GAE $61,546

NOI $163,055

Note: Tenants pay all utilities

P. 4 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 1330 POLK ST

Floor Plans

1330-1338 POLK STREET N SAN FRANCISCO, CA 94109

Estimated Total Square Footage: 8,635 SQ FT Calculated from outside face of exterior walls and center line of demising walls. · #1330: 1,580 SQ FT · #1336: 3,890 SQ FT · Common Area: 340 SQ FT Floor Plans· #1334: 1,425 SQ FT · #1338: 1,400 SQ FT

7' 5' 13' 5' 5' 6' 8'

4' Up 5' Storage Exit

7' Rstrm 9' Up

9' Rstrm 14' 5' Rstrm 7' 15' 9' 6' 9' 9' 7' 13'

Up Kitchen 6' 4' 8'

5' Storage Walk-in 18'

9' Freezer

4' 15' 12' 28'

Bar Up 8' 6' 13'

4' 16' 3' Retail 49' #1334 3' 35'

Restaurant 28'

#1338 14' 23' Restaurant Storage

18' #1330

Up 14' 4' 7' 3' 6' 3' 19'

7' #1336 #1334 N #1338 #1330  #1336 FIRST FLOOR #1330: 1,085 SQ FT #1334: FIRST1,015 SQ FT FLOOR #1336: #1,330:300 SQ FT 1,085 SF #1,336: 300 SF #1338: 1,030 SQ FT Common#1,334: Area: 130 1,015SQ FT SF #1,338: 1,030 SF Common Area: 130 SF

Rendering by Floor Plan Visuals. Presented by Lisa Ng, Colliers International All measurements are approximate. While deemed reliable, no information Tel: 415.288.7825 on these floor plans should be relied upon without independent verification. Email: [email protected] All measurements are approximate. While deemed reliable, no information on these floor plans should be relied upon without independent verification.

P. 6 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 1330 POLK ST Floor Plans

1330-1338 POLK STREET N

12' 8' 7' 18' 5' Dn

Rstrm 6'

10' 3' 5' Rstrm 11'

13' Open Office 7' 4' 3' 3' 8' 4' 7' 13' 19' 5' 8' 5'

14'

Rstrm 11'

13' Rstrm 4' 3' 6' 5'

12' 7' 55' Up 15'

16' Flex Room Reception 49'

Open 33' Office #1336

Dn 18' 18'

Waiting Area 13' 13' 31' N

SECOND FLOOR #1336:SECOND 3,590 SQ FT FLOOR Common#1336: Area: 80 3,590 SQ FT SF Common Area: 80 SF

OFFERING MEMORANDUM | 1330 POLK ST P. 7 COLLIERS INTERNATIONAL 1330-1338 POLK STREET N

12' 11' 8' Up Dn

Dn Dn Open 6' 14' Office Office 20' #1338 20' Open Office Storage #1334 13' 30'

11' 8' 19' Dn

Open Office 15' #1330

16'

N MEZZANINE LEVEL #1330:MEZZANINE 495 SQ FT LEVEL #1334: 410 SQ FT #1338:#1,330: 370 SQ FT495 SF #1338: 370 SF Common#1,334: Area: 130410 SQ SF FT Common Area: 130 SF

P. 8 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 1330 POLK ST SITE PLAN

OFFERING MEMORANDUM | 1330 POLK ST P. 9 COLLIERS INTERNATIONAL Location Overview

Location Overview

Of all of San Francisco’s diverse signature neighborhoods, Nob Hill might be its richest and most refined. Its panoramic views and centralized location made it the premier place to erect mansions as the affluent flocked to the city in the late 19th century.

After the earthquake and fire of 1906, many of these mansions were replace and hotels built in their place. Now, situated at the intersection of California and Powell streets are the lavish hotels renowned as the “Big Four” named after the railroad tycoons who built the Central Pacific Railroad: the Stanford Court, Intercontinen- tal Mark Hopkins, the Huntington, and the Fairmont.

Opposite the Fairmont Hotel and Pacific Union Club is Grace Cathedral, one of the city’s largest houses of worship. The stately Masonic Temple is also located across from the church.

Though Nob Hill is a very densely built neighborhood, there are parks at which residents and visitors can relax and enjoy the outdoors. The most prominent park in the neighborhood is Hun- tington Park, which takes up an entire block, bounded by Sacra- mento Street to the north, Taylor Street to the west, California Street to the south, and Cushman Street to the east. Washington & Hyde Mini Park is situated on a single lot between two apartment buildings on the north side of Washington Street, between Hyde Street and Leavenworth Street. Washington & Hyde Mini Park has a playground for children, landscaping, and public restrooms.

P. 10 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 1330 POLK ST Location Overview

NORTH BEACH GHIRARDELLI SQ. CHINATOWN RUSSIAN HILL

CALIFORNIA STREET 1330 POLK STREET

PINE STREET

POLK STREET

OFFERING MEMORANDUM | 1330 POLK ST P. 11 COLLIERS INTERNATIONAL Golden Gate Bridge

The Presidio

Pacific Heights Laurel Heights 1330 POLK STREET

van ness ave CIVIC CENTER

Moscone Center SOMA DISTRICT

6TH STREET

5TH STREET

P. 12 COLLIERS INTERNATIONAL OFFERING MEMORANDUM | 1330 POLK ST Angel Island

Fisherman’s Wharf Alcatraz Island Marina

Columbus Ave North Beach

Union Square District

Financial District

Moscone Center 4TH STREET 4TH

3RD STREET 2ND STREET

TO THE EAST BAY

OFFERING MEMORANDUM | 1330 POLK ST P. 13 COLLIERS INTERNATIONAL 1330 Polk Street

Confidentiality & Disclaimer Statement

This Offering Memorandum contains select information pertaining to the business and affairs of the Property at 1330 Polk Street, San Francisco, CA 94109. It has been prepared by Colliers International. This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective purchaser of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Seller or Colliers International. The material is based in part upon information supplied by the Seller and in part upon financial information obtained by 1330 Polk Street from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. By acknowledging your receipt of this Offering Memorandum for 1330 Polk Street you agree: 1) The Offering Memorandum and its contents are confidential; 2) You will hold it and treat it in the strictest of confidence; and 3) You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Colliers International expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of 1330 Polk Street or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Colliers International or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum.

COLLIERS INTERNATIONAL 101 Second St, 11th Fl San Francisco, CA 94105 tel + 1 415 788 3100 fax+ 1 415 433 7844 www.colliers.com

BRIAN LEUNG LISA NG lic. 01203473 lic. 02032528 Senior Vice President | Investments Client Services Coordinator| Investments direct + 1 415 288 7881 direct + 1 415 288 7825 email [email protected] email [email protected]