277-279 Columbus Avenue OM 9.25 · 2019. 10. 10. · 10.74% 5.30% * Retail Lease is NNN 6.60% 14.34% $ 70,000 $115,525 Admin/General $4,514 $4,514 6 FINANCIALS ANNUAL INCOME CURRENT

2 7 7 - 2 7 9 C O L U M B U S AV E N U E , SAN FRANCISCOAN ATTRACTIVE NORTH BEACH MIXED-USE BIULDING

Alexander Kolovyansky | Director of Investment Sales415.875.7450 [email protected] DRE #01730963

EXCLUSIVELY REPRESENTED BY:

F O R S A L E

OFFERED AT $3,500,000

2

TABLE OF CONTENTS

PROPERTY OVERVIEW 3

REPRESENTATIVE UNIT 5

FINANCIALS 6

FLOOR PLANS 8

SAN FRANCISCO & THE BAY AREA 11

THE IMMEDIATE NEIGHBORHOOD 12

NEARBY ATTRACTIONS 13

FORTUNE 500 & TECH COMPANIES 14

TRAFFIC COUNT REPORT 15

TRANSPORTATION OPTIONS 16

NEIGHBORHOOD DEMOGRAPHICS 19

3

PROPERTY OVERVIEW

277-279 COLUMBUS AVENUE is an attractive mixed-use building located at the famed corner of Columbus and

Broadway in San Francisco’s North Beach. This property has tremendous upside potential. There are four 1-bed units

plus a restaurant tenant which occupies the ground floor as well as the finished basement area. There are separate gas

and electric meters-plus individual gas furnaces and water heaters for each residential unit. This property offers public

transportation, laundry facilities and many delicious dining options conveniently 1 block away.

BUILDING TYPE: Retail/Storefront Retail/Residential

BUILDING SIZE: 7,319 SQ. FT.

TYPICAL FLOOR SIZE: 1,622 SQ. FT.

YEAR BUILT: 1907

APN: 0162-017

NEIGHBORHOOD: North Beach

NUMBER OF FLOORS: 3

NUMBER OF RESIDENTIAL UNITS: 4

NUMBER OF COMMERCIAL UNITS: 1

4

5

REPRESENTATIVE UNIT

6

FINANCIALS

ANNUAL INCOME CURRENT PRO-FORMARental Income $203,233 $304,560

Vacancy 3% $6,097 $9,137

Total $197,136 $295,423

ANNUAL EXPENSEProperty Taxes $40,800 $40,800

Insurance $2,776 $2,776

Water/Garbage/PG&E $4,835 $4,835

Maintenance $4,471 $4,471

Total Expenses $52,882 $52,882

27% 17%

CASH FLOWNOI $144,255 $251,678

Less: Debt Service $99,450 $99,450

Proj Cash Flow $44,805 $152,228

Cap Rate 4.24% 7.40%

GRM 17.25 11.16

Cash on Cash 3.77% 12.79%

* Retail Lease Modified Gross

$185,525 $257,983

$ 70,000

$187,983

7.37%

11.27

10.74%

5.30%

* Retail Lease is NNN

6.60%

14.34%

$ 70,000

$115,525

$4,514 $4,514Admin/General

6

FINANCIALS


Vacancy 3% $6,097 $9,137

Total $197,136 $295,423


Insurance $2,776 $2,776




27% 17%

CASH FLOWNOI $144,255 $251,678


Proj Cash Flow $44,805 $152,228

Cap Rate 4.24% 7.40%

GRM 17.25 11.16



$58,596

$42,000 $42,000

24% 19%

$58,596

$7,076 $9,317Vacancy 3%

$15,336 $15,336CAM Reimbursement

6

FINANCIALS


Vacancy 3% $6,097 $9,137

Total $197,136 $295,423


Insurance $2,776 $2,776




27% 17%

CASH FLOWNOI $144,255 $251,678


Proj Cash Flow $44,805 $152,228

Cap Rate 4.24% 7.40%

GRM 17.25 11.16



$15,336

$310,560$235,860

$244,120 $316,579

7

FINANCINGLoan Amount $1,700,000

Down Payment (35%) $1,700,000

Interest Rate 5.000%

Loan Payments (I/O) $85,000

UNIT # RENT PRO-FORMA SF $/SF UNIT-MIX MOVE-IN DATE

Nizario's Pizza $7,459.44 $11,000.00 1,278** $8.61 Ground-Floor Retail 7/15/09

1 $1,151.30 $3,595.00 482 $ 7.46 1 bd / 1 ba 4/1/02

2 $3,595.00 $3,595.00 560 $ 6.42 1 bd / 1 ba 2/1/17

3 $1,235.36 $3,595.00 557 $ 6.45 1 bd / 1 ba 8/1/05

4 $3,495.00 $3,595.00 589 $ 6.10 1 bd / 1 ba 6/20/17

Total $16,936.10 $25,380.00 3,466

Residential rents for Units 1 & 3 include balances for capital improvement and bond pass-throughs. ** Retail Space is 1,278 sq. ft. plus 2,279 sq. ft. of basement

Commercial*** $10,000.00 $11,000.00

$3695.00

$3695.00

$3695.00

$3795.00

$7.67

$6.60

$6.44

$6.63

$1,194.00

$1,171.00

$3,695.00 557

589

$19,655.00 $25,880.00

$1,750,000

$1,750,000

4.000%

$ 70,000

4/15/19

7/1/19

*** Commercial lease is NNN

8

FLOOR PLANS

9

10

11

SAN FRANCISCO & THE BAY AREA

World-renowned for its scenic beauty, unparalleled amenity base and 24-hour “live/work/play” environment, San

Francisco has been a focal point for business in this region for over a century. San Francisco has long been recognized

as one of the major business centersStates and the primary employment hub for Northern California. San Francisco is the Bay Area’s most densely populat-

ed city, with a population of approximately 809,000 that is projected to grow to 964,000 residents by the year 2035. The

city enjoys an excellent transportation infrastructure, a myriad of cultural resources, proximity to many of the world’s

premier educational and research facilities, internationally recognized retailers, restaurants and hotels, and a reputation

as one of America’s most livable urban centers.

The San Francisco Bay Area is the world’s 24th largest economic market and is comprised of nine counties: San Fran-

cisco, Marin, Sonoma and Napa to the north; Solano, Alameda and Contra Costa to the east; and San Mateo and Santa

Clara to the south. With over seven million residents, the Bay Area comprises the in the

United States and is the economic, cultural and demographic heart of Northern California.

The Bay Area has long been recognized as one of the most in the world

with intrinsic qualities that include innovative and rapidly growing high-technology sectors such as computer and

biotechnology, unparalleled access to capital markets including the most active venture capital market in the world,

world-class educational institutions such as Stanford, UC Berkeley, UCSF, and the University of San Francisco, a strong

transportation infrastructure including the ports of the San Francisco Bay, a critical mass of business support services,

exceptional lifestyle amenities and a thriving tourist trade. 277-279 Columbus Avenue is right in the center of it all.

12

THE IMMEDIATE NEIGHBORHOOD

The property is located in beautiful North Beach, a vibrant neighborhood between the Financial District,

Russian Hill, and Telegraph Hill. The area is that rare place, with cafés and Old World delicatessens. The

neighborhood sees high demand for housing due to proximity to the Financial District and strong retail

presence with an active dining and cultural scene.

| NORTH BEACH

13

NEARBY ATTRACTIONS

ALLEN ST

STON

E ST

DAVIS

PIER

27

MEDAU PL

PIER 19

GOLD ST

JOHN ST

WETM

ORE ST

LYNCH ST

WATER ST

GLOVER ST

MERCHANT ST

BARTO

L ST

PIER 17

PIER 23

PIER 15

PFEIFFER ST

WAVERLY PL

UNION ST

VAREN

NES ST

GREENWICH ST

FILBERT ST

LOMBARD ST

HALLECK ST

KEARN

Y ST

DAVIS ST

FRON

T ST

CHESTNUT ST

BROADWAY ST

GREEN ST

WASHINGTON ST

FRON

T ST

KEARN

Y ST

COMMERCIAL ST

STOC

KTON

ST

GREENWICH STM

ON

TGO

MERY ST

FRANCISCO ST

FRANCISCO ST

VALLEJO ST

VALLEJO ST

CHESTNUT ST

CHESTNUT ST

LARKIN

ST

LOMBARD ST

CALIFORNIA ST

CLAY ST

LEAVENW

ORTH

ST

LEAVENW

ORTH

ST

LEAVE NW

ORTH

ST

GRA

NT AVE

GRA

NT AVE

TAYLOR ST

TAYLOR ST

TAYLOR ST

POW

ELL ST

POW

ELL ST

POW

ELL STM

ASO

N ST

MA

SON

ST

MA

SON

ST

WASHINGTON ST

WASHINGTON ST

JON

ES ST

JON

ES ST

FILBERT ST

FILBERT ST

GREEN ST

GREEN ST

GREEN ST

UNION STUNION ST

UNION ST

JACKSON ST

JACKSON ST

JACKSON ST

PACIFIC AVE

PACIFIC AVE

SACRAMENTO ST

KEARN

Y ST

COLUMBUS AVE

BAY ST

THE EMBARCADERO

BROADWAY TUNNEL

BROADWAY ST

BATTERY ST

SAN

SOM

E ST

1

2 3

4

5

6

7

8

9

10

11 12

13

14

15

16

17

18

19

20

21

1

2

3 4

5

6

78

9

10

11

12

13

14

15

16

17

18

1

2

3

4

5

67

8

9

10

11

277-279COLUMBUS

1

2

3

4

5

6

7

8

9

1011

12

13

14

15

16

RESTAURANTS:1. The Stinking Rose2. Golden Gate Bakery3. House of Nanking4. Cotogna5. Sotto Mare6. Tony’s Pizza Napoletana7. Molinari Delicatessen8. Firenze By Night9. Lai Hong Lounge10. North Beach Restaurant11. The Italian Homemade Company12. Mama’s On Washington Square13. Park Tavern14. Don Pistos15. Stella Pastry & Cafe16. Maggie McGarry’s17. The House18. Trattoria Contadina19. Bask20. KUSAKABE21. Kokkari

BARS1. The Devil’s Acre2. The Cigar Bar & Grill3. Vesuvio Cafe4. Maritime Wine Tasting Studio5. Mr. Bing’s6. Bow Bow Cocktail Lounge7. The Boardroom8. NorthStar Cafe9. The Saloon10. Comstock Saloon11. Barbarossa Lounge12. Belle Cora13. BarNua14. La Rocca’s Corner15. 15 Romolo16. The Battery17. Wayfare Tavern18. The Barrel Room

POINTS OF INTEREST1. Washington Square Park2. Beach Blanket Babylon3. Cobb’s Comedy Club4. San Francisco Art Institute5. Famous Lombard Street 6. Coit Tower7. City Lights Booksellers & Publishers 8. Joe DiMaggio Playground9. Beat Museum10. House Of Lum11. Chinatown San Francisco12. Transamerica Pyramid13. Saints Peter and Paul Church14. Bimbo’s 365 Club15. Telegraph Hill16. SF Italian Athletic Club

CAFÉS1. Starbucks2. Cafe Zoetrope3. Réveille Coffee Co.4. Caffe Trieste5. Caffe Greco6. Columbus Cafe

7. Pete’s8. Original Joe’s9. Il Pollaio10. Michelangelo Cafe11. Cavalli Cafe

FORTUNE 500 & TECH COMPANIESIN THE BAY AREA

• ORACLE

• AUTODESK

• MARIN SOFTWARE

• MICROSOFT

• TWITCH SF

• CISCO SYSTEMS, INC.

• COINBASE

• OPENTABLE

• LENDING CLUB

• SALESFORCE TOWER

• FACEBOOK

• EBAY, INC.

• FITBIT

• GOOGLE

• SLACK TECHNOLOGIES

• IBM

• APPLE INC.

• LINKEDIN CORPORATION

• YELP

• RIVERBED TECHNOLOGY

• MACYS.COM

• CREDIT KARMA

• MEDIUM

• INTUIT

• YAHOO

• SPLUNK INC

• IGN ENTERTAINMENT

• STUMBLEUPON

• DROPBOX

• WIRED MAGAZINE

• PINTEREST

• DOCUSIGN

AT&TPARK

PIER 30

PIER 40

DAVIS C

T

5TH ST

STON

E ST

DAVIS

TRINITY ST

RIZAL S

T

MEDAU PL

SUMNER ST

ECKER PL

FEDER

AL ST

PIER 36

VARN

EY PL

CAMPTON PL

FRESNO ST

BEALE STQ

UIN

CY ST

GOLD ST

JOHN ST

COSMO PL

WETM

ORE ST

PLEASANT ST

MERLIN STOAK GROVE ST

MERCHANT ST

BARTO

L ST

PIER 1

FERR

Y PLZ

BRYA

NT ST

PIER 17

STEV

ENSO

N ST

HARRIET ST

STANFORD ST

GUY PL

ZOE ST

RAUSCH ST

COLUMBIA SQ

MOSS ST

SHERMAN ST

M

ARY ST

BOARDMAN PL

HARRIET ST

PIER 15

ESSEX ST

PIER 9

TEHAMA ST

YERBA BUENA LN

WAVERLY PL

UNION ST

SHA

NN

ON

ST

JASPER PL

VAREN

NES ST

JESS

IE ST

FILBERT ST

WEL

SH ST

JESS

IE ST

CYRIL M

AG

NIN

ST

MAIDEN LN

TABE

R PL

CLEMEN

TINA ST

PIER 38

JESS

IE ST

HALLECK ST

CLEMEN

TINA ST

MORRIS ST

S PARK

ST

DAVIS ST

FRON

T ST

JOIC

E ST

DAVIS ST

FREE

LON ST

RUSS ST

DELANCEY ST

BROADWAY ST

TEHAMA ST

STEV

ENSO

N ST

GREEN ST

LANGTON ST

RITCH ST

HAWTHORNE ST

PERR

Y ST

WASHINGTON ST

DRU

MM

ST

TEHAMA ST

HARRIET ST

FRON

T ST

KEARN

Y ST

COMMERCIAL ST

4TH ST

NATOMA ST

STILL

MAN ST

BLUXOME S

T

CLARA

STSH

IPLEY

ST

CLEMEN

TINA ST

MINNA ST

STEV

ENSO

N ST

BEALE ST

SPEAR ST

STOC

KTON

ST

MAIN ST

MAIN ST

GREENWICH ST

MO

NTG

OM

ERY ST

NATOMA ST

NATOMA ST

MINNA ST

MINNA ST

VALLEJO ST

VALLEJO ST

CALIFORNIA ST

CALIFORNIA ST

CLAY ST

ELLIS STG

RAN

T AVE

GRA

NT AVE

GRA

NT AVE

BRANNAN ST

BRANNAN ST

BRANNAN ST

TAYLOR ST

TAYLOR ST

TAYLOR ST

POW

ELL ST

POW

ELL ST

POW

ELL ST

POW

ELL ST

MA

SON

ST

MA

SON

ST

MA

SON

ST

MA

SON

ST

EDDY ST

WASHINGTON ST

WASHINGTON ST

JON

ES ST

FILBERT ST

GREEN ST

GREEN STUNION ST

UNION ST

POST ST

POST ST

JACKSON ST

JACKSON ST

SUTTER ST

SUTTER ST

PACIFIC AVE

PACIFIC AVE

SACRAMENTO ST

SACRAMENTO ST

SACRAMENTO ST

BUSH ST

MARKET

ST

NEW MONTGOM

ERY ST

6TH ST

MO

NTG

OM

ERY ST

1ST ST

KING ST

KEARN

Y ST

4TH ST

COLUMBUS AVE

GEARY ST

OFARRELL ST

3RD ST

BRYA

NT ST

BRYANT S

T

BR

YANT S

T

HARRISO

N ST

HARRISO

N ST

THE

EMBA

RCA

DER

O

THE EMBARCADERO

THE EMBARCADERO

FREMONT STHOWARD

ST

STEUART ST

FREMONT ST

HOWARD

ST

STOC

KTON

ST

6TH ST

7TH ST

7TH ST

8TH ST

MARK

ET ST

BROADWAY ST

5TH ST

2ND ST

BATTERY ST

SAN

SOM

E ST

MARKET

ST

TOW

NSEND ST

HOWARD

ST

MISSIO

N ST

MISSIO

N ST

FOLS

OM ST

FOLS

OM ST

BUSH ST

PINE ST

PINE ST

TURK ST

BAY B

RG

80

Fo

r a

full

lis

t o

f F

ort

un

e 5

00 &

Te

ch C

om

pan

ies

in t

he

are

a as

we

ll a

s u

p-t

o-d

ate

dri

vin

g t

ime

s, p

leas

e v

isit

277

-279

Co

lum

bu

s.co

m

• ORACLE• AUTODESK• MARIN SOFTWARE• MICROSOFT• TWITCH SF• CISCO SYSTEMS, INC.• COINBASE• OPENTABLE• LENDING CLUB• SALESFORCE TOWER

• FACEBOOK• EBAY, INC.• FITBIT• GOOGLE• SLACK TECHNOLOGIES• IBM• APPLE INC.• LINKEDIN CORPORATION• YELP• RIVERBED TECHNOLOGY

• MACYS.COM• CREDIT KARMA• MEDIUM• INTUIT• YAHOO• SPLUNK INC• IGN ENTERTAINMENT• STUMBLEUPON• DROPBOX• WIRED MAGAZINE

• PINTEREST• DOCUSIGN• INSTAGRAM• REDDIT• IMGUR• REDDIT• LYFT• UBSOFT

277-279COLUMBUS

15

TRAFFIC COUNT REPORT

ALLEN ST

STON

E ST

DAVIS

PIER

27

MEDAU PL

PIER 19

GOLD ST

JOHN ST

WETM

ORE ST

LYNCH ST

WATER ST

GLOVER ST

MERCHANT ST

BARTO

L ST

PIER 17

PIER 23

PIER 15

PFEIFFER ST

WAVERLY PL

UNION ST

VAREN

NES ST

GREENWICH ST

FILBERT ST

LOMBARD ST

HALLECK ST

KEARN

Y ST

DAVIS ST

FRON

T ST

CHESTNUT ST

BROADWAY ST

GREEN ST

WASHINGTON ST

FRON

T ST

KEARN

Y ST

COMMERCIAL ST

STOC

KTON

ST

GREENWICH ST

FRANCISCO ST

FRANCISCO ST

VALLEJO ST

VALLEJO ST

CHESTNUT ST

CHESTNUT ST

LARKIN

ST

LOMBARD ST

CALIFORNIA ST

CLAY ST

LEAVENW

ORTH

ST

LEAVENW

ORTH

ST

LEAVE NW

ORTH

ST

GRA

NT AVE

GRA

NT AVE

TAYLOR ST

TAYLOR ST

TAYLOR ST

POW

ELL ST

POW

ELL ST

POW

ELL STM

ASO

N ST

MA

SON

ST

MA

SON

STWASHINGTON ST

WASHINGTON ST

JON

ES ST

JON

ES ST

FILBERT ST

FILBERT ST

GREEN ST

GREEN ST

GREEN ST

UNION STUNION ST

UNION ST

JACKSON ST

JACKSON ST

JACKSON ST

PACIFIC AVE

PACIFIC AVE

SACRAMENTO ST

KEARN

Y ST

COLUMBUS AVE

BAY ST

THE EMBARCADERO

BROADWAY TUNNEL

BROADWAY ST

BATTERY ST

SAN

SOM

E ST

277-279COLUMBUS

13,765

22,418

12,933

4,133

1,666

7,730

995

1,673

417

Street Cross Street Cross Street Dist. Count Year Average Daily

Volume Volume TypeDistance from 277 Columbus

(miles)

Columbus Ave Jack Kerouac Aly 0.01 SE 2017 13,765 MPSI .02

Broadway Kearny St 0.02 W 2012 22,418 ADT .09

Kearny St Jackson St 0.01 N 2017 12,933 MPSI .14

Union St Varennes St 0.01 E 2015 4,133 ADT .21

Green St Battery St 0.02 E 2014 1,673 MPSI .33

Battery St Union St 0.01 N 2017 7,730 MPSI .37

Green St Battery St 0.03 W 2014 995 MPSI .37

Hinckle Walk Battery St 0.04 W 2017 5,591 MPSI .40

Leidesdorff St Halleck St 0.02 N 2017 417 MPSI .40

Telegraph Hill Blvd Lombard St 0.02 NW 2015 1,666 MPSI .40

16

TRANSPORTATION OPTIONS

Millbrae

Balboa ParkJ K M

Civic Center/UN PlazaPowell

MontgomeryEmbarcaderoJ L M

San Francisco4th & King N

Richmond

Emeryville

OaklandJack London

Coliseum

FremontCenterville

Santa ClaraGreat America

Mountain View

Santa Clara

San Jose DiridonTamien

AntiochMartinez

Berkeley

HaywardVasco RdLivermore

Pleasanton

San FranciscoInt’l Airport (SFO)

San Bruno

South SanFrancisco

Colma

Daly City

Glen Park

24th St Mission

16th St Mission

WestOakland

WestOakland 12th St/Oakland City Center

19th St/Oakland

MacArthur

Ashby

DowntownBerkeley

DowntownBerkeley

NorthBerkeley

El Cerrito Plaza

El Cerrito del Norte

Lake Merritt

Fruitvale

San Leandro

Bay Fair

Hayward

South Hayward

UnionCity

Fremont

Warm Springs/South Fremont

Rockridge

Orinda

Lafayette

Walnut Creek

Pleasant Hill/Contra Costa Centre

Concord

North Concord/Martinez

Pittsburg/Bay Point

Castro ValleyWest Dublin/Pleasanton

Dublin/Pleasanton

22nd St

Bayshore

South San Francisco

San Bruno

Broadway

Burlingame

San Mateo

Hayward Park

Hillsdale

Belmont

San Carlos

Redwood City

Atherton

Menlo Park

Palo Alto

Stanford

California Ave

San Antonio

Sunnyvale Lawrence

College Park

Capitol

Blossom HIll

PittsburgCenter

Antioch

San Rafael

MarinCivic Center

NovatoHamilton

NovatoSan Marin

F

FFisherman’s Wharf

TSunnydale

UCSF Mission Bay

2nd & King(AT&T Park)

Van NessChurch & Duboce

UCSFParnassus

9th & Irving(Golden Gate Park)

ChurchCastro

Forest HillWest Portal

St. Francis Circle

Stonestown

SF State

NOceanBeach

LS.F. Zoo

CityCollege

Old Ironsides(Levi’s Stadium)

Lick Mill Montague

Tasman

Metro/Airport

ConventionCenter

Alum Rock

Winchester

Almaden

Ohlone/Chynoweth

Santa Teresa

SFO Rental Car Center

Oakland Int’lAirport (OAK)

Milpitas

Berryessa

Larkspur

SAN FRANCISCOEAST BAYALAMEDA &

CONTRA COSTACOUNTIES

MARINCOUNTY

PENINSULASAN MATEO

COUNTY

SOUTH BAYSANTA CLARA

COUNTY

Capitol Corridor to Suisun City,Davis & Sacramento

San Joaquinto Stockton,Fresno &Bakersfield

to Tracy,Manteca &Stockton

to Morgan Hill,San Martin & Gilroy

to Petaluma, Rohnert Park& Santa Rosa

M

K/T

J

SAP CENTER

UCBERKELEY

On weekdays before 8pm, there is no direct BART service

between SFO and Millbrae. Transfer at San Bruno.

San Francisco Bay Area Rail Transit calurbanist .com

Metro Rail

BARTDublin/Pleasanton-Daly City

Warm Springs-Daly City

Pittsburg/Bay Point-SFO

Richmond-Millbrae

Richmond-Warm Springs

Silicon Valley Extension

BART lines are reconfigured evenings and weekends. See bart.gov for details.

Light Rail

Muni MetroJ Church

K InglesideT Third Street

L Taraval

M Ocean View

N Judah(The K and T lines areinterconnected.)

VTA Light RailAlum Rock-Santa Teresa

Mountain View-Winchester

Ohlone/Chynoweth-Almaden

Commuter/Intercity Rail

Caltrain

AmtrakCapitol Corridor

San Joaquin

ACE

eBART

SMARTLarkspur Extension

On Caltrain south of Diridon, Capitol Corridorsouth of Jack London, San Joaquin and ACE,only limited service is available.

Streetcars

F Muni F Line

AirportPeople Movers

SFO AirTrain

BART to OAK

Under construction and scheduledto open by the end of 2019.

Other ServicesVTA

Airport Flyer shuttles (Line 10) connect Metro/Airport Station and the Santa Clara CaltrainStation to Mineta San Jose Int’l Airport.

Amtrak

Amtrak buses connect Emeryville toDowntown San Francisco.

California Zephyr trains depart fromEmeryville and Martinez for Salt Lake City, Denver and Chicago.

Coast Starlight trains depart fromMartinez, Emeryville, Oakland and San Jose for Los Angeles, Portland and Seattle.

For schedules, fares, auto and bike parking,bus connections and other information see:

bart.govsfmta.comvta.orgcaltrain.com

capitolcorridor.orgamtrak.comacerail.comflysfo.com

Map is not to scale | Copyright 2013-18 Steve Boland, calurbanist.comc

Stations& Stops

TransferPoints Destinations

IntermodalTransfer Point

BART StationFuture Station

Transfer Point

Destination

Future Destination

eBART Station

Destination

Caltrain Station

Express Service

Part-Time Service

Transfer Point

Destination

Muni Metro Subway Station

Transfer Point

Muni Metro Major StopVTA Major Station

Transfer Point

T Muni Metro Destination

VTA Destination

Muni Metro DestinationK

Amtrak/ACE/SMART Station

San Joaquin Destination

SMART Destination

Future SMART Destination

Capitol Corridor/ACE Destination

SFO AirTrain Destination

BART to OAK Destination

FMuni F Line Destination

Most Muni Metro, VTA, Muni F Line and SFO AirTrain stops are not shown. See websites for details.

Airports Cable Car Turnarounds Ferry Landings Transbay Terminal

277-279 COLUMBUS AVENUE

17

San Francisco East Bay

EmbarcaderoN TAT&T Park(via Muni)

Montgomery

Powell

Civic Center/UN PlazaJ K L M N

16th St Mission

24th St Mission

Glen Park

Colma

South SanFrancisco

WestOakland

Lake Merritt

Fruitvale

San Leandro

Hayward

South Hayward

Union City

Warm Springs/South Fremont

Milpitas

Castro Valley

West Dublin/Pleasanton

12th St/Oakland City Center

Ashby

Downtown BerkeleyUC Berkeley

North Berkeley

El Cerrito Plaza

El Cerrito del Norte

Rockridge

Orinda

Lafayette

Walnut Creek

Pleasant Hill/Contra Costa Centre

Concord

North Concord/Martinez

PittsburgCenter

Balboa ParkJ K M

Daly City

San Bruno

San FranciscoInternationalAirport (SFO)

Millbrae

Coliseum Oakland Coliseum/Oracle Arena

OaklandInternationalAirport (OAK)

Bay Fair

Fremont

Berryessa/North San Jose

Dublin/Pleasanton

19th St/Oakland

MacArthur

Richmond

Pittsburg/Bay Point Antioch

Map Guide

Line

Mon-Sat only

Mon-Fri only

Evenings/weekends only

Station

Transfer Point

Timed Transfers

Destination

Connections

J K L

M N TMuni MetroJ/K/L/M/N/T lines

Caltrain

Amtrak

VTA Light Rail

Airports

More Information

Each line every 15 minutes weekdays,20 minutes evenings/weekends(more often where lines overlap)

For fares, access & morewww.bart.gov

Lines

Yellow Line Pittsburg/Bay Point–SFOPittsburg/Bay Point–Millbrae Mon-Fri after 9pm/Sat/Sun

Red Line Richmond–MillbraeRichmond–Daly City Sat | No service Mon-Fri after 9pm/Sat after 6pm/Sun

Orange Line Richmond–FremontRichmond–Berryessa/North San Jose Mon-Fri after 6pm/Sat/Sun

Green Line Daly City–Berryessa/North San JoseDaly City–Fremont Sat | No service Mon-Sat after 6pm/Sun

Blue Line Dublin/Pleasanton–Daly City

OAK Line Coliseum–OAK

eBART Line Pittsburg/Bay Point–AntiochCopyright 2018 Steve Boland, calurbanist.comc

Bay Area Rapid Transit Map

277-279 COLUMBUS AVENUE

18

Hyde St PierJefferson & Hyde

Pier 41Embarcadero & Stockton

Ferry BuildingEmbarcadero & Market

Pier BPiers C/D

Piers E/F/G

Pier 1½Embarcadero & Washington

AT&T ParkMarina Gate

SouthSan Francisco

Marina Blvd & E Basin

AlamedaHarbor BayHarbor Bay Pkwy & Mccartney

AlamedaMain StMain & Ferry

OaklandJack London Square

Water & Clay

BerkeleyUniversity & Marina Blvd

RichmondHarbor Way S at

Rosie the Riveter Park

SausalitoBridgeway & Anchor

TiburonTiburon Blvd & Main

LarkspurSir Francis Drake &

Larkspur Landing

Angel IslandFerry Terminal

San Francisco Bay

San Francisco

Fisherman’s Wharf

Financial District

South of Market

TreasureIsland

Game days/nights only

to Vallejosee at right

for Alcatrazsee below

Golden Gate

VallejoMare Island Way &Georgia

MareIsland

Nimitz & Ferry St

to San Franciscosee at left

Opening 2018/2019Richmond TerminalFerry Building Gates F & GSMART to Larkspur

Tourist & Other FerriesAlcatraz Cruises (alcatrazcruises.com)depart from Pier 33Bay cruises are offered by Blue & Gold Fleet,Red & White Fleet (redandwhite.com) and othersTideline offers limited service to AT&T Parkfrom Hyde St Pier, Berkeley and Tiburon

SF Bay Ferrysanfranciscobayferry.com

Golden Gate Ferrygoldengateferry.org

Blue & Gold Fleet

Angel Island Tiburon Ferryangelislandferry.com

Tidelinetidelinetickets.com

SF Water Taxisanfranciscowatertaxi.org

Rail Transfers

MuniBARTAmtrakSMART

Bay AreaFerry Map

Copyright 2018 Steve Boland, calurbanist.comc

19

NEIGHBORHOOD DEMOGRAPHICS

POPULATION GROWTH

Growth 2010 - 2018 15.05% 9.80%

Growth 2018 - 2023 6.41% 5.66%

Employed 58,445 97.43% 507,408 96.88%

Unemployed 1,540 2.57% 16,363 3.12%

RADIUS FROM 277-279 COLUMBUS

1 MILE COUNTY WIDE

HOUSEHOLD GROWTH

Growth 2010 - 2018 14.05% 9.88%

Growth 2018 - 2023 6.25% 5.65%

Renter Occupied 49,467 85.65% 246,342 64.83%

Owner Occupied 8,289 14.35% 133,650 35.17%

2018 HOUSEHOLD INCOMES

Income <$25K 14,325 24.80% 62,723 16.51%

Income $25K - $50K 7,367 12.76% 40,505 10.66%

Income $50K - $75K 5,705 9.88% 39,426 10.38%

Income $75K - $100K 4,497 7.79% 35,604 9.37%

Income $100K - $125K 5,485 9.50% 36,577 9.63%

Income $125K - $150K 3,234 5.60% 26,944 7.09%

Income $150K - $200K 6,252 10.83% 48,394 12.74%

Income $200K+ 10,890 18.86% 89,819 23.64%

MEDIAN HOUSEHOLD INCOME $83,230 $108,022

20

CONFIDENTIALITY & DISCLAIMER STATEMENT

This Offering Memorandum contains select information pertaining to the business and affairs of the Property at 277 Columbus, San Francisco, CA 94110. It has been prepared by Vanguard Properties.

This Offering Memorandum may not be all-inclusive or contain all of the information a prospective purchaser may desire. The information contained

used for any other purpose or made available to any other person without the written consent of Seller or Vanguard Properties. The material is based in

as to the accuracy or completeness or this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective purchasers should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

By acknowledging your receipt of this Offering Memorandum from 277-279 Columbus Avenue you agree: 1) The Offering Memorandum and its contents

disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Seller. Owner and Vanguard Properties expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to purchase the Property and to terminate discus-sions with any person or entity reviewing this Offering Memorandum or making an offer to purchase the Property unless and until a written agreement for the purchase and sale of the Property has been fully executed and delivered. If you wish not to pursue negotiations leading to the acquisition of 277-279 Columbus Avenue or in the future you discontinue such negotiations, then you agree to purge all materials relating to this Property including this Offering Memorandum. A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In no event shall a prospective purchaser have any other claims against Seller or Vanguard Properties or any of their

to this solicitation process or the marketing or sale of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum.

Market and neighborhood statistics courtesy of SFAR MLS. They were not prepared by Vanguard Properties, and the accuracy of the information has not

as such.

©2018 Vanguard Properties. All rights reserved. DRE License No. 01486075. Equal Housing Opportunity

Alexander Kolovyansky | Director of Investment Sales415.875.7450 [email protected] DRE #01730963

277-279 Columbus Avenue OM 9.25 · 2019. 10. 10. · 10.74% 5.30% * Retail Lease is NNN 6.60% 14.34% $ 70,000 $115,525 Admin/General $4,514 $4,514 6 FINANCIALS ANNUAL INCOME CURRENT

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