FOR SALE

ctbt.com

FOR SALE

FOR SALE

1501 Vermont Street

San Francisco, CA

Vermont Vermont Vermont

Cesar Chavez

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903


FOR SALE

1501 Vermont Street

San Francisco, CA

Highlights � Light Industrial Warehouse and Office building

� Freeway visibility

� One-site parking for over 25 cars

� Loading dock

� Easy Freeway access to both 101 and 280

� Secure building

Pricing $2,500,000.00

Location Southeastern corner of Vermont and 26 th Streets just north of

Cesar Chavez Street. APN 4329-008

Lot Size Triangular shaped lot containing approximately 22,903 square feet

of land according to the tax assessor’s website.

Zoning M-1: Light Industrial with an Industrial Protection Zone overlay.

Height Limit Most of the property has a 65’-J height limit. The ‘J’ means that

above 40’ the maximum dimension for development is 250’ in

length by 300’ in diagonal, which will not apply to this site as the

site is smaller than these dimensions. A small sliver of the property

on the 26 th Street side has a 40’-X height limit.

City Planning Southeast Team Manager – Julian Banales, 415-558-6339

District 10 Supervisor – Malia Cohen, 415-554-7670

View from Vermont Street

View from Freeway

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903

The information contained herein has been given to us by the owner of the property or other secure sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.


FOR SALE

1501 Vermont Street

San Francisco, CA

Improvements Two (2) story concrete tilt-up building containing approximately

15,505 gross square feet, constructed in 1957. The property has a

large parking and loading area with a dock accessed off Vermont

Street-this area can park about 20 cars. There are two (2)

additional outdoor parking areas accessed off 26 th Street that can

accommodate an additional 6-8 cars. The first floor of

approximately 8,154 rentable square feet is used primarily for

warehouse with a small amount of ancillary office area. The

second floor of approximately 7,018 rentable square feet is used

primarily for office with a small amount of storage area. There are

three (3) internal staircases between the two floors and a handicap

ramp on the Vermont side of the building. Two (2) huge signboards

face Highway 101 which has an average daily traffic count of

approximately 325,000 vehicles according to a leading information

website.

Lease The property is 100% leased to Books Inc. The annual net

operating income as of August 1, 2012 will be $159,987. The lease

is net with the landlord responsible for roof and structure, although

the service contract expense for the roof is paid by the tenant. The

tenant reimburses the landlord for property taxes, insurance,

repairs, and maintenance. Books Inc. has sublet about 1,600

square feet to Zola Acai on a month to month basis. The subtenant

pays $2,300 per month in rent to Books Inc. The rent for Books

Inc. increases by 2.5% each year. The rent adjusts to 95% of fair

market value at the beginning of each option with yearly increases

not to exceed 3.5% of the then existing rent. Tenant has two (2)

5-year options. (The current lease term expires July 31, 2015.)

Parking Lot / Loading Dock

View from Freeway

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903

The information contained herein has been given to us by the owner of the property or other secure sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.


FOR SALE

1501 Vermont Street

San Francisco, CA

San Francisco

General Hospital

Government

Warehouse

Extra Space

Storage

Gibraltar

Business Park

Dept. of

Public Works

Chronicle

Printing Plant

Potrero

Business Center

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903

The information contained herein has been given to us by the owner of the property or other secure sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

FedEx


FOR SALE

1501 Vermont Street

San Francisco, CA

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903

The information contained herein has been given to us by the owner of the property or other secure sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.


First Floor

FOR SALE

1501 Vermont Street

San Francisco, CA

First Floor

Second Floor

Tom Christian

Partner

415.677.0424

tchristian@ctbt.com

LIC #00890910

Tim Garlick

Associate Vice President

415.568.3416

tgarlick@ctbt.com

LIC #01715903

The information contained herein has been given to us by the owner of the property or other secure sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease.

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