FOR LEASE. 16 th & Valencia Street / San Francisco. 3,343 SF Ground Floor Restaurant & 5,325 SF Basement with Street Entrance (can be combined)

Transcription

1 site circa1927 FOR LEASE 3,343 SF Ground Floor Restaurant & 5,325 SF Basement with Street Entrance (can be combined) 16 th & Valencia Street / San Francisco Rare opportunity for direct deal in brand new space Located on the southeast corner of 16th & Valencia in the Mission District of San Francisco Building under full renovation Additional 350 SF of storage space downstairs with direct access

2 GROUND FLOOR - 3,343 SF

3 BASEMENT - 5,325 SF

4 Renderings current building rendering

5 Renderings rendering from Valencia rendering from 16th Street FLY

6 San Francisco's first neighborhood, The Mission District is still the heart and soul of vibrant San Francisco and the epicenter of the Foodie Scene. This vibrant neighborhood is home to dozens of restaurants, with seating for thousands along the Valencia Street Corridor, from about 16th to 19th Streets. Over the last few years, the influx of restaurants has accelerated and pushed the culinary scene to new heights. Their owners, who are often also the folks at the stove, are drawn to the area s once lower rents and try-anything clientele. These eateries are now the best in the city and are the most exciting and affordable because, unlike some downtown mainstays, they re not catering to onetime visits from tourists or to the expense account, suit wearing FiDi crowd, but must instead attract and keep, local customers with no-holds-barred cooking and fair prices, and in this neighborhood with such a highly developed and changing food scene, competition is fierce. They ve made the Mission the city s go-to neighborhood for good food, and on weekend nights you ll find the streets crawling with urbanites looking for a fun, fresh place to try. In other words this is Foodie Heaven. LOCAL MISSION EATERY LOLINDA TARTINE Foodie Scene FOREIGN CINEMA Mission District FLOUR + WATER LITTLE STAR PIZZA

7 Notable Restaurants Bar Tartine Gracias Madre Tacolicious Hog & Rocks The Monk's Kettle Craftsman and Wolves Pizzeria Delfina Range

8 Mission District

9 Entertainment Draws & Accessibility MISSION BAY WARRIORS ARENA 18,000 seating capacity 1.8 miles from site via 16th Street Arena set to open for the NBA season. AT&T PARK / S.F. GIANTS 41,915 seating capacity 2.4 miles driving / 10 mins without traffic 260+ consecutive sellout games played at AT&T Park (national league record) 2013 DEMOGRAPHICS.25 mile.5 mile.75 mile 1 mile Estimated Population: 10,017 26,908 51,360 87,465 Average HH Income: $69,386 $88,192 $99,990 $101,962 Daytime Population: 528 1,797 3,995 6,969 15,698 34,348 63, Est. Total Employees 3,271 AJ SCHRADER ajschrader@retailwestinc.com DRE

10 1 16th Street & Mission Nearby Housing Projects.10 miles from the site on the Northeast corner of the 16th Street BART Station, this new project will demo a bunch of buildings and a surface parking lot in favor of a new 10-story 400,000 sq.ft. mixed-use development with 351 housing units and 32,000 sq.ft. of retail. 1 preliminary rendering HOUSING GROWTH IN SAN FRANCISCO 30,000 new housing units planned by 2020 Estimated New Housing Construction Potential in the Mission District: 1,700 Housing units under development went from 4,220 in 2012, to more than 7,000 in th Street Developer MX3 Ventures has paid $8.7 million for the site at th St. between Valencia and Guerrero - 10,000 square feet of land that can accommodate 25 condominiums and about 8,000 square feet of retail. The developer has hired BAR Architects to design a five-story building that will add two to four retail spaces along a lively stretch of 16th Street South Van Ness 2 3 The San Francisco Planning Commission is expected to review the project at 490 South Van Ness in July or August, with staff recommending approval with some conditions. If approved, the site could see construction of a sevenstory condo building with 72 one-bedroom and two-bedroom units, 48 car parking spaces and 99 bicycle parking spots, completed as early as current building on 16th Street rendering of project