Metropolitan Life Building - Space Availability

For Lease$90/Sqft/Yearly

425 Market Street, San Francisco, CA 94105

  • Office
  • 27,542 Sqft

Metropolitan Life Building, San Francisco, CA 94105 - Office Space for rent

Metropolitan Life Building is located at 425 Market Street in the Yerba Buena neighborhood, CA, San Francisco, 94105. The Class A Office building was completed in 1973 and features a total of 908,500 Sqft. There is 1 Office space available for lease at 425 Market Street, San Francisco, CA, 94105, totaling 27,542 Sqft. The largest space available has 27,542 Sqft and a rental rate of $90/Sqft/Yearly.

There are 223 office spaces for lease in the Yerba Buena neighborhood, totaling 4,680,489 Sqft of available office space. The office space availability for the 94105 zip code is 4,767,609 Sqft, in 240 office spaces. The average asking office rent per sq. ft. in Yerba Buena is $1.57/sqft/year. For Class B office buildings the average office rate is $6.07/sqft/year.

In Yerba Buena, there are 60 class A office buildings. In Yerba Buena, there are a total of 38 LEED certified office buildings. In 1973, the same year Metropolitan Life Building was built, 118 more commercial properties (office, industrial, retail) over 50,000 square feet were built in San Francisco, featuring 4,207,963 square feet of commercial space.

Neighborhoods near Yerba Buena, San Francisco, CA

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Details

  • Price $90/Sqft/Yearly
  • City San Francisco
  • Neighborhood Yerba Buena
  • Zip Code 94105
  • Property Type Office
  • Property Size 908,500 Sqft
  • Parking Ratio 0.15/ 1,000 SF
  • Building Class A
  • Year Built 1973

Availability

Suite Name Space Type Lease Rate Space Available
Suite 2400 Office $90/Sqft/Yearly 27,542 Sqft
  • Suite Suite 2400
  • Space Number 2400
  • Space Type Office - General Office
  • Available From Monday, September 23, 2019
  • Total Space Available 27,542 Sqft
  • Floor From 24 To 24
  • Divisible Space No
  • Min Divisible 27,542 Sqft
  • Max Contiguous 27,542 Sqft
  • Lease Rate $90/Sqft/Yearly
  • Possession Type Immediate
  • Possession Date Saturday, February 1, 2020
  • Lease Type Full Service
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Zach Siegel

Cushman & Wakefield

(415) 773-3596

Description

Developed by Shorenstein Company and designed by renowned architects Skidmore, Owings & Merrill, 425 Market Street features a spacious lobby finished in warm wood and marble complemented by an expansive granite-paved plaza. Anodized aluminum and tinted glass enhance the dramatic appearance of the building's exterior. The building is located at the intersection of Market and Fremont Streets, making it one of the most convenient and desirable business locations in San Francisco. Energy Star labeled in 2006-2008.

Highlights

  • Parking On & Off-Site
  • Renovated Plaza & Lobby
  • Sundry shop
  • ATM
  • convenience store
  • mail room
  • Tully's Coffee

Yerba Buena Demographics

The average household income in zip code 94105 is $269,416, from a total of 4,404 households. In terms of employment, there are 96.22 % white-collar and 3.78 % blue-collar jobs in zip code 94105.

Population

  • Total Population7,426
  • Male Population(55.1 %) 4,093
  • Female Population(44.9 %) 3,333
  • Median Age37.60

Income/Financial

  • Average Household Income$191,960
  • Median Household Income$143,467
  • Median Income Under 25$114,500
  • Median Income 25-44$180,922
  • Median Income 45-64$127,155
  • Median Income Over 65$23,796

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Zach Siegel

Cushman & Wakefield

(415) 773-3596