838-842 Market Street
838 Market Street, San Francisco, CA 94102
- For Sale Contact for pricing
- City San Francisco
- Neighborhood Downtown District 8 - North East
- Zip Code 94102
- Market San Francisco
- Property Type Retail
- Property Size 67,915 Sqft
- Date Updated 19 Jun, 2021
Colliers National Retail Capital Markets Team, as exclusive advisor, is pleased to present the extraordinary opportunity to acquire a value-add investment opportunity situated within the heart of San Francisco’s Union Square shopping district. 838 Market is a 5-story 67,915-square-foot mixed-use retail and office building that is 52.2% leased to two tenants with short-term leases.
838 Market is strategically located on Market Street steps away from the landmark Powell Street Cable Car Turnaround and the 1.5-million-square-foot Westfield San Francisco Centre. Union Square has over 4 million square feet of retail GLA, which historically accounts for $1 billion in retail sales per year, and over half of that is generated from the 800 block of Market Street.
Currently leased to Converse (dark) and Oakley, with both leases set to expire by March of 2023 with no additional extensions, this opportunity provides an investor the option to re-position or re-develop a trophy San Francisco asset.838 Market is an exceptional opportunity to acquire a generational asset with short-term in-place cash flow and significant long-term upside in one of the most coveted cities in the world.
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FREQUENTLY ASKED QUESTIONS
What is the total square footage of 838-842 Market Street?
838-842 Market Street totals 67,915 square feet.
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