555 Sutter Street, San Francisco, CA 94109; Retail For Sale; 8/37 in San Francisco County

555 Sutter Street, San Francisco, CA 94109; Retail For Sale; 8/37 in San Francisco County


555 Sutter Street, San Francisco, CA 94109; Retail For Sale; 8/37 in San Francisco County

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555 Sutter Street, San Francisco, CA 94109

Price: $7,800,000
Building Size: 20,765 SF
Additional Sub-types: Office Building
Lot Size: 0.14 AC

Description

555 Sutter Street is a boutique retail and office building consisting of 20,765 square feet located in San Francisco’ s Union Square District. With approximately 53% vacancy due to recent lease expirations, 555 Sutter Street presents the investment community a unique value-add opportunity to capitalize on one of the strongest commercial markets in the United States.
The Property is located in the heart of San Francisco’ s Union Square District, an area recognized as one of the most prominent and active retail destinations in the world. Drawing comparisons to Fifth Avenue, Rodeo Drive, Michigan Avenue, Champs-Elysees, Bond Street, and the Ginza District, Union Square welcomes millions of visitors each year from around the Bay Area, the United States, and across the globe.The area is anchored by a collection of high-end department stores, including Nordstrom, Bloomingdale’ s, Sak’ s Fifth Avenue, Barneys New York, and Neiman Marcus along with luxury retailers such as Prada, Burberry, Salvatore Ferragamo, Chanel, Gucci, Hermes, and Louis Vuitton.

Over 16 million people visited San Francisco in 2012 spending $8.5 billion, making Union Square an essential location for retail, restaurant, and hotel business.