1620 Innes Ave
San Francisco, CA 94124

1620 Innes is an opportunity to capitalize on a 37,500-square-foot outdoor storage and fleet yard in San Francisco, California, with an asking rent of $1.15 per land square foot NNN. The site has a rectangular configuration with a 3,500-square-foot concrete split block building in the front. The backyard area is completely paved and fenced, providing a secure parking lot with up to three secured points of entry. The subject is unique in its low coverage aspects, well-configured site plan, and location in San Francisco. The former tenant was a bus company that no longer operates. Left behind by the former tenant are 30 bus stalls striped across the lot. Completed capital improvements upon delivery include a landscaping enhancement, chain link fence repairs, paint and carpet upgrades, and a yard slurry and seal coat. Proudly owned by Fortress, they envision 1620 Innes as a well-configured final mile site inside San Francisco city limits. The site boasts on-site improvements like a concrete split block structure with grade-level loading, a nearly one-acre yard with full site fencing, and two full access points with automatic gates fronting the Innes Avenue entrances. This opportunity appeals to a broad range of users looking for immediate access to the San Francisco city center. 1620 Innes is in the India Basin Submarket, the heart of San Francisco’s thriving 12.8 multimillion-square-foot industrial market. With easy access to Highway 101 and 280 on-ramps and off-ramps, this site offers exceptional connectivity to key areas such as Downtown San Francisco, San Francisco International Airport, and Silicon Valley. Additionally, its proximity to approximately 1.3 million consumers within a 10-mile radius presents a substantial customer base. The India Basin Submarket is one of the nation's tightest industrial markets. As of Q3 2023, the vacancy rate stood at 4.0%. Since 2016, the submarket has demonstrated steady rent growth, averaging 6.7% annually. Additionally, the market has attracted and expanded a roster of technology-focused industrial users, further fueling rent growth and declines in vacancy.