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498 Valencia St
2,000 SF of Retail Space Available in San Francisco, CA 94103
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 498 Valencia | 2,000 SF | 12’ | Negotiable | $41.64 /SF/YR $3.47 /SF/MO $448.21 /m²/YR $37.35 /m²/MO $6,940 /MO $83,280 /YR | Plus All Utilities |
1st Floor, Ste 498 Valencia
Asking rent: $8,500 Approximate Size: 2,000 Square Feet Zoning: Valencia Street Neighborhood Commercial Transit District Section 762 of planning code 415-558-6377 for more information on specific use. Historic Significance The building itself is not a landmark but it does have Historic Significance designation can be made to the exterior of the building besides painting and existing signage. ADA The building had seismic work done tonit and in doing so, the city required commercial spaces to be ADA compliant. The reason there are 2 steps to get into the space is because of the steel framing that supports the building is under the steps. The city did not require ADA upgrade to the entrance of 498 Valencia due to the hardship and cost of compliance so it was not required. ABSTRACT 5 minute walk to BART Ground floor 2,000 sq ft (We have additional space available) High Ceilings Spectacular Bank Vault Mostly clear span space As much power as you need is available Great Visibility and drive by and walk by traffic Spacious (but it doesn’t seem like it from the outside) Tenant pays PG&E (no gas), water, garbage, Security alarm AREA One of the most desirable and recognized commercial locations in San Francisco for day and evening business. Walk by and street traffic is heavy. BART & MUNI as well as a major Bike lane are all just a few minutes from the entrance to this commercial space. NEIGHBORING TENANTS 75+ great restaurants, bars, cafes and entertainment establishments just steps from this storefront VENTILATION, HVAC, ELECTRICITY, WATER Upgrading HVAC, water and drain access, and electric capacity is from a light well above or basement level below.
- Listed lease rate plus proportional share of utilities
- Located in-line with other retail
- Space In Need of Renovation
- Finished Ceilings: 12’
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 498 Valencia St, San Francisco, CA 94103
- CREAM
- Giordano Bros
- International Depository LTD
PROPERTY FACTS FOR 498 Valencia St , San Francisco, CA 94103
| Property Type | Retail | Gross Leasable Area | 27,626 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 27,626 SF |
| Year Built | 1910 |
About the Property
Asking rent: $4,995 per month Approximate Size: 2,000 Square Feet Zoning: Valencia Street Neighborhood Commercial Transit District Section 762 of planning code 415-558-6377 for more information on specific use. Historic Significance The building itself is not a landmark but it does have Historic Significance designation can be made to the exterior of the building besides painting and existing signage. ADA The building had seismic work done tonit and in doing so, the city required commercial spaces to be ADA compliant. The reason there are 2 steps to get into the space is because of the steel framing that supports the building is under the steps. The city did not require ADA upgrade to the entrance of 498 Valencia due to the hardship and cost of compliance so it was not required. ABSTRACT 5 minute walk to BART Ground floor 2,000 sq ft (We have additional space available) High Ceilings Spectacular Bank Vault Mostly clear span space As much power as you need is available Great Visibility and drive by and walk by traffic Spacious (but it doesn’t seem like it from the outside) Tenant pays PG&E (no gas), water, garbage, Security alarm AREA One of the most desirable and recognized commercial locations in San Francisco for day and evening business. Walk by and street traffic is heavy. BART & MUNI as well as a major Bike lane are all just a few minutes from the entrance to this commercial space. NEIGHBORING TENANTS 75+ great restaurants, bars, cafes and entertainment establishments just steps from this storefront VENTILATION, HVAC, ELECTRICITY, WATER Upgrading HVAC, water and drain access, and electric capacity is from a light well above or basement level below.
- Bus Line
Nearby Major Retailers
-
Charles Sugimoto -
Marc Levinson
-
Corcoran Icon Properties
Presented by
498 Valencia St
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