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146 Geary StSan Francisco, CA 94108
146 Geary
Asset ClassRetail, Office
Union Square Investment Offering | Bang & Olufsen's West Coast Flagship
overview of deal

Overview

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.

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Investment Highlights

  • 100% leased to three tenants with embedded mark-to-market upside
  • Anchored by Bang & Olufsen’s (61% of building) new West Coast flagship with ±10 years of remaining lease term
  • Fully renovated building with ±$7.2 million ($550+ psf) of recent interior and base building improvements
  • World-class location in Union Square’s luxury zone, steps away from the square
  • Strong co-tenancy: Chanel, Van Cleef & Arpels, Bottega Veneta, Burberry, Valentino, Louis Vuitton and Neiman Marcus
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146 Geary StSan Francisco, CA 94108

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