Generational Asset in San Francisco's Cal Hollow District

Essential CRE is pleased to offer for purchase, the 100% fee simple interest in the NNN leased Equinox Fitness Center with Earth Bar and Muesi Café. This 36,490 square-foot asset is located in San Francisco’s Cow Hollow District. This building was completely renovated in 2014 with significant capital and tenant improvements. Equinox has 11 years remaining on the initial term with 10% increases in rent every 3 years.

EXTREMELY RARE NNN LEASED EQUINOX FITNESS CENTER WITH EARTHBAR AND MUSEI CAFÉ
GENERATIONAL ASSET - TROPHY LOCATION IN SAN FRANCISCO’S COW HOLLOW DISTRICT
13 YEARS REMAINING ON INITIAL TERM WITH 10% INCREASES EVERY 3 YEARS
TOP PERFORMING WEST COAST LOCATION - $12M GROSS SALES IN 2019
COMPLETELY RENOVATED IN 2014 - $20M IN SIGNIFICANT CAPITAL & TENANT IMPROVEMENTS
SUBSIDIARY OF RELATED COMPANIES - $15B REAL ESTATE PORTFOLIO

San Francisco is a city and port, coextensive with San Francisco County. Located on a peninsula between the Pacific Ocean and California’s San Francisco Bay and home to over 880,000 people, it is a significant cultural and financial center of the western United States and one of the country’s most cosmopolitan cities. San Francisco is a romantic seaport whose steep streets offer breathtaking views of one of the world’s most picturesque bays. The natural beauty and economic crossroads offered by the port organically created an incredibly unique city. Which has attracted some of the world’s most advanced thinkers, creators, and business magnates. San Francisco fosters a sophisticated, highly educated populace that has created one of the most high-end markets in the world for culture, technology, and commerce.
Cow Hollow is one of San Francisco’s most well-known and desirable neighborhoods, featuring world-class boutique shopping, a diverse housing market and easy proximity to recreation and work. Cow Hollow is an affluent section of town that’s popular with young professionals. Union Street, the main thoroughfare, is crawling with chic fashion boutiques, pilates studios, juice shops and beauty salons. Restaurants range from French fine dining to Italian bistros to brunch cafes, as well as a number of sports bars and wine lounges.