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NNN Lease | Credit Tenant

2226 Bush Street, San Francisco,
CA,
$3,700,000 For Sale
Commercial

Description

Fantastic commercial property located in the Fillmore Retail District (Lower Pacific Heights), one of the hottest retail areas in San Francisco. This ground floor 2,100 sq. ft. commercial condominium has been recently remodeled and shows well with its high ceilings and open spaces. It is located directly adjacent to the renowned restaurant OTD (“Out The Door”- owned and operated by Chef Charles Phan of The Slanted Door), and is just a couple of doors from the extremely hot Fillmore Street. Bush Street has a very high traffic count and
is a main thoroughfare.

There is an excellent lease in place with FLOR, a well-known retail outlet for high end sectional carpeting. The Lease is guaranteed by FLOR’s parent company, Interface Global, Inc. , the world’s largest manufacturer of commercial sectional carpeting.  As of March 1, 2018 the tenant will be paying a base rate of $227,115 per year NNN, paid monthly at $18,926.25 plus NNN chanrges. Current lease expiration February 28, 2022.