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executive summary CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

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Page 1: CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

executivesummary

CREDIT TENANT NNN RETAIL

INVESTMENT OPPORTUNITY

Page 2: CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY
Page 3: CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

INVESTMENT HIGHLIGHTS § NNN Leased to JP Morgan Chase Bank (“Chase”), an S&P A+ rated credit

tenant, through March 2022.

§ Premier Chestnut Street retail location surrounded by nationally and internationally recognized retailers such as Apple, Gap and Pottery Barn as well as some of San Francisco’s best restaurants, bars and cafes including A16, Tacolicious, Tipsy Pig and Le Marais Bakery.

§ 33 feet of prime retail frontage along Chestnut Street in the Marina District, one of the most desirable neighborhood retail locations in San Francisco that sees limited investment opportunities come-to-market.

§ Exceptional long-term appreciation potential in one of the most coveted investment markets across the United States.

§ The Marina District is subject to the City’s Formula Retail (“Chain-Store”) restriction whereby tenants/users who have more than 11 locations globally are required to obtain a Conditional Use Permit (CUP). Furthermore, the Chestnut Street Financial Services Subdistrict restriction prohibits additional banks and financial institutions from leasing space in this area, ultimately solidifying Chase’s long-term tenancy at 2166 Chestnut.

§ Chase’s deposits at the Property (as of June 2016): ± $160 million, one of the 10 highest in all of their 42 locations across San Francisco County.

INVESTMENT OVERVIEW Address 2166 Chestnut Street, San Francisco, CA 94123Building Area (est.) 3,264 Frontage 33 Feet on Chestnut StreetOccupancy 100%Tenant JP Morgan Chase BankLease Expiration March-2022

Page 4: CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

D I V I S I D E R O

CH

ES

TN

UT

S C O T T

P I E R C E

Marina Deli

Marina Theater

S T E I N E R

F I L L M O R E

M A L L O R C A

AV I L A

California Wine Merchant

DelaRosa

ristobar

A16

pottery barn

crunch fitness

super duper

blue barn

Coffee Roastery

SURROUNDED BY PREMIER RETAILERS

apple

Page 5: CREDIT TENANT NNN RETAIL INVESTMENT OPPORTUNITY

EXCLUSIVE INVESTMENT ADVISORS

PRIMARY CONTACTS

TONY CROSSLEYexecutive vice [email protected]. 00900574

TIM MAASExecutive Vice [email protected]. 00956740

SECONDARY CONTACTS

FRANK WHEELERExecutive Vice [email protected]. 00831700

DARREN KUIPERVice [email protected]. 01958824

Colliers Investment Services Group101 2nd Street | Fl. 11 | San Francisco, CA | 94105T: 415.788.3100 | F: 415.433.7844colliers.com