329 Bryant Street

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Address: 329 Bryant St, San Francisco, CA 94107, USA

California & West + Land/Development

Created date: February 29, 2024

Date last updated: September 10, 2024

Income-Producing Asset: The Site includes two attractively renovated office buildings spanning 23,554 square feet, currently leased and generating substantial carrying income, providing investors with immediate cash flow.
High-Quality Creative Space: Existing suites require minimal tenant improvements, providing investors with immediate upside through lease-up while providing a development opportunity in the future.
Trophy Development Potential: The Site comprises 23,666 SF and is one of the largest remaining development sites in the South Beach neighborhood.
Scenic Bay and City Views: Excellent views of the San Francisco Bay and Downtown San Francisco enhance the appeal and potential for premium tenants.
Superb Freeway Access: Immediate access to Interstate 80 (one block).
Premier Location With Upside Growth: South Beach is recognized as one of San Francisco’s premier neighborhoods, enveloped by a burgeoning community of prominent offices.

Property Description

Newmark and Fortress, as exclusive advisors, are pleased to extend to qualified investors the opportunity to acquire the 100% fee-simple interest in 329 Bryant Street (the ‘Site’), a prime residential development site totaling +/- 23,666 square feet in the highly coveted Rincon/South Beach district. 329 Bryant Street enjoys an exceptional location close to world-class amenities, and a new residential project will feature outstanding Bay and City views. The Rincon/South Beach neighborhood is one of the premier residential neighborhoods in San Francisco and boasts one of the lowest residential vacancy rates in the market. 329 Bryant Street has easy access to the Second Street corridor, one of the most important streets in San Francisco, connecting the Financial District, SOMA, and Oracle Park. Second Street is home to some of the largest technology companies in San Fransisco and premium dining and entertainment options. The Site is one block from Highway 101 and steps away from public transportation lines along 2nd and 3rd Street. The Site includes two attractively renovated buildings totaling 23,554 square feet and 41 parking stalls. The buildings are currently 58.5% leased and generate significant rental income. The vacant spaces are move-in ready and will allow investors to increase NOI through additional lease-ups or provide an ideal location for an owner-user.