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Van Ness Avenue, San Francisco, CA 94109 FOR SALE OR LEASE touchstone COMMERCIAL PARTNERS VAN NESS Corp. Lic. 01112906 1868 AVENUE www.tcpre.com Two (2) Ground Floor Commercial Condominiums EXECUTIVE SUMMARY 1868 VAN NESS AVE. Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase two (2) ground floor commercial condominium units at 1868 Van Ness Avenue, San Francisco, CA 94109. The units are also available for lease. Located in the heart of the Van Ness Corridor, these brand new commercial units are below 35 high end residential condominiums. The location offers superb neighborhood demographics and will benefit from the $300 million Van Ness transportation and beautification project. The subject units present commercial owner/users and investors with a high exposure opportunity in a premium San Francisco location. PROPERTY SUMMARY ADDRESS 1868 Van Ness Avenue UNIT 1 +/- 2,018 Square Feet SALE PRICE: $1,825,000 PRICING LEASING PRICE: Mid $50s PSF/Year, NNN UNIT 2 +/- 1,179 Square Feet SALE PRICE: $1,075,000 PRICING LEASING PRICE: Mid $50s PSF/Year, NNN ZONING RC-4 - Residential- Commercial, High Density TOUCHSTONE COMMERCIAL PARTNERS, INC. www.tcpre.com INVESTMENT HIGHLIGHTS 1868 VAN NESS AVE. + Outstanding location. The ground floor units are located on the corner of Van Ness Avenue and Washington Street and benefit from a traffic volume of 45,000 cars per day. + Two Class A Ground Floor Commercial Condominiums + New construction in luxury condo project – 35 residential units Delivery Condition: + Warm shell delivery + Additional tenant improvements + High-end finishes readily available + Distributed HVAC and electrical available + Acoustic or open ceiling and carpeting if desired 2,018 sq ft with access from Van Ness Avenue + Two (2) ADA restrooms + HVAC (ducting can be delivered) + T-bar in place (ceiling tiles or creative open ceiling can be delivered) + Outstanding frontage on Van Ness + Large windows to rear yard area for additional natural light + Direct access to large shared courtyard 1,179 sq ft with access from Washington Street + One (1) ADA restroom + HVAC (ducting can be delivered) + T-bar in place (ceiling tiles or creative open ceiling can be delivered) + Good frontage on Washington TOUCHSTONE COMMERCIAL PARTNERS, INC. www.tcpre.com FLOOR PLAN 1868 VAN NESS AVE. UP REAR YARD AREA UP TELECOM ROOM GARAGE GARAGE EXHAUST SUPPLY RESIDENTIAL ELECT. METERS ACCESSIBLE BATHROOM COMMERCIAL TRASH ROOM DN DWELLING UP MAIN VAN NESS AVENUE RESIDENTIAL TRASH ROOM HOUSE METER BATHROOM BATHROOM COMMERCIAL #1# 1 AUX. VESTIBULE UP AreaAREA - =2,018 2,020 SF S.F. COMME. METERS DN MAIN PULL MAIL ROOM SECTION ELEVATOR COMMERCIALCOMMERCIAL # #22 REDIDENTIAL LOBBY AreaAREA - =1,179 825 S.F. SF GAS METER GARAGE ENTRY SIDEWALK TRANSFORMER VAULT WASHINGTON STREET TOUCHSTONE COMMERCIAL PARTNERS, INC. www.tcpre.com 1 ..................................................... Core Power Yoga 2 ................................................. House of Prime Rib VAN NESS AVE. 3 .........................................................The UPS Store 1868 4 .........................................................................CVS 5 ...............................................................Basik Cafe 6 ................................................ TRX Training Center 7 ............................................................Lord Stanley BROADWAY 8 ............................................................... Walgreens 9 ................................................................ Starbucks 10 ..................................................... Inn On Broadway 11 ............................................ Miller’s East Coast Deli PACIFIC AVE 12 .......................................................... Harper & Rye LARKIN STREET NEIGHBORHOOD ATTRIBUTES NEIGHBORHOOD 13 ...........................................................Bob’s Donuts POLK STREET 14 ........................................................Bank of America VAN NESS AVENUE 15 .................................................First Republic Bank 16 ..........................................Ruth’s Chris Steakhouse JACKSON STREET 17 .................................................... Wells Fargo Bank 18 ................................................Whole Foods Market 19 .................................................................. Chevron 20 ............................................................... Walgreens 21 ............................................................. Chase Bank 22 ......................................................... Uforia Studios 23 ................................... United States Postal Service 1868 24 ...................................................................... MyMy WASHINGTON STREET VAN NESS 25 ...................................................Nob Hill Hardware AVENUE 26 ............................................................ Trader Joe’s 27 ..............................Saint Francis Memorial Hospital CLAY STREET SACRAMENTO STREET CALIFORNIA STREET PINE STREET OFFERING TERMS 1868 VAN NESS AVE. 1868 Van Ness Avenue is being offered with the following pricing: COMMERCIAL UNIT 1 SALE PRICE: $1,825,000 LEASING PRICE: Mid $50s PSF/Year, NNN COMMERCIAL UNIT 2 SALE PRICE: $1,075,000 LEASING PRICE: Mid $50s PSF/Year, NNN All prospective buyers should assume the subject property will be delivered on an “As-Is, Where-Is” basis at the Close of Escrow. OFFERING OUTLINE Prospective buyers will have the opportunity to tour the subject property and begin initial due diligence immediately. All prospective buyers are encouraged to make an offer at any time. All offers are to be delivered to Touchstone Commercial Partners, Inc. TOUCHSTONE COMMERCIAL PARTNERS, INC. www.tcpre.com touchstone COMMERCIAL PARTNERS Corp. Lic. 01112906 www.tcpre.com 1868 VAN NESS AVE. TERRY EVERLEY ZACH HAUPERT direct (415) 539-1108 // cell (415) 359-7665 direct (415) 539-1121 // cell (415) 812-1219 [email protected] // DRE # 01864017 [email protected] // DRE # 01822907 The information presented has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer/Lessee must verify the information and bears all risk for any inaccuracies. 1868 VAN NESS AVE. CONFIDENTIAL OFFERING MEMORANDUM This Confidential Offering Memorandum (“Memorandum”) has been prepared and presented to the recipient (the “Recipient”) by Touchstone Commercial Partners (TCP) as part of TCP’s efforts to market for sale the real property located at 1868 Van Ness Avenue (the “Property”). TCP is the exclusive agent and broker for the owner(s) of the property (the “Owner”). TCP is providing this Memorandum and the material contained in it to the Recipient solely to assist the Recipient in determining whether the Recipient is interested in potentially purchasing all or part of the Property. TCP also is providing this Memorandum and the material in it to the Recipient with the understanding that the Recipient will independently investigate those matters that it deems necessary and appropriate to evaluate the Property and that the Recipient will rely only on its own investigation, and not on TCP’s, the Owner or this Memorandum, in determining whether to purchase all or part of the Property. The Recipient previously executed and delivered to TCP. PLEASE NOTE EACH OF THE FOLLOWING: TCP, the Owner and their respective agents, employees, representatives, property managers, officers, directors, shareholders, members, managers, partners, joint ventures, corporate parents or controlling entities, subsidiaries, affiliates, assigns and predecessors and successors-in-interest make no representations or warranties about the accuracy, correctness or completeness of the information contained in this Memorandum. The Recipient is urged not to rely on the information contained in this Memorandum and to make an independent investigation of all matters relating to the Property. This Memorandum includes statements and estimates provided by or to TCP and/or the Owner regarding the Property. Those statements and estimates may or may not be accurate, correct or complete. Nothing contained in this Memorandum should be construed as a representation or warranty about the accuracy, correctness or completeness of such statements and estimates. Further, nothing contained in this Memorandum should be construed as a representation or warranty about any aspect of the Property, including, without limitation, the Property’s (1) past, current or future performance, income, uses or occupancy, (2) past, current or prospective tenants, (3) physical condition, (4) compliance or non-compliance with any permit, license, law regulation, rule guideline or ordinance, or (5) appropriateness for any particular purpose, investment or occupancy. Again, the Recipient is urged not to rely on this Memorandum and the statements and estimates in it and to make an independent investigation regarding the Property and the statement sand estimates contained herein. This Memorandum may include statements regarding, references to, or summaries of, the nature, scope or content of contracts and/or other documents relating to the Property. Those statements, references or summaries may or may not be accurate, correct or complete. Additionally, TCP may not have referenced or included summaries of each and every contract and/ or other document that the Recipient might determine is relevant to its evaluation of the Property. Nothing contained
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