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394 Pacific Avenue

Off-Market

394 Pacific Avenue, San Francisco, CA 94111

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  • Property Type Office - Creative Office
  • Property Size 50,220 Sqft
  • Lot Size 0.22 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1907

Location

  • City San Francisco, CA
  • Neighborhood Financial District - Barbary Coast
  • Zip Code 94111
  • Market San Francisco

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 06 Jul, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Francisco

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in San Francisco Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $87.18
  • 2020 Office Vacancy Rate 8.07%
  • 2020 Office Completions (Sqft) 469,769

San Francisco Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $976.94
  • Y-o-Y Avg. PpSF Change 7.42%
  • 2020 Office Sales Volume $2.2B
  • 2020 Number of Transactions 12
View more San Francisco market trends

Tax

  • Property Tax in 2021-2022 $415,545
  • Market Value $34,675,013
  • Assessed Value $34,675,013

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 394 Pacific Avenue?

394 Pacific Avenue totals 50,220 square feet.

When was this property built?

394 Pacific Avenue was built in 1907.

When was 394 Pacific Avenue last sold?

394 Pacific Avenue was last sold on 06 Jul, 2016.

What is the property tax for 394 Pacific Avenue?

The property tax for 394 Pacific Avenue in 2021-2022 was $415,545.

What is the market value for 394 Pacific Avenue?

The market value for 394 Pacific Avenue in 2021-2022 was $34,675,013.

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