Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 146 Geary Street, San Francisco, CA (the “Property”), a ±12,961 square foot trophy property anchored by Bang & Olufsen’s new West Coast flagship store. The four-story building features luxury retail and boutique office space, highlighted by dual entrances and frontage on Geary Street and Maiden Lane (±23 feet).
146 Geary Street is located directly across the street from one of Neiman Marcus’ top performing stores and is steps from Union Square. The Property benefits from strong luxury retail co-tenancy with Chanel, Van Cleef & Arpels, Bottega Veneta, Burberry, Valentino, and Neiman Marcus on the same block.
The Property has been fully renovated with $7.2 million ($550+ PSF) of recent interior and base building improvements. 146 Geary Street offers investors a stabilized asset with embedded mark-to-market upside on one of Union Square’s most desirable blocks.