retail sublease - jll · 2018-05-07 · ghiradelli square and fisherman’s wharf. employment -...

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776 Market Street San Francisco, CA Retail Sublease Offered by Matthew Alexander Andrew Lindsey 415.908.4938 415.908.0394 www.srsre.com/sfbayarea 100 Pine St. Suite 1550 | San Francisco, CA 94111

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Page 1: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

776 Market StreetSan Francisco, CA

Retail Sublease

Offered byMatthew Alexander Andrew Lindsey415.908.4938 415.908.0394

www.srsre.com/sfbayarea

100 Pine St. Suite 1550 | San Francisco, CA 94111

Page 2: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

Property Highlights• Located at 776 Market St. in the historic Phelan Building

in San Francisco’s world-renowned Union Square shopping district

• 12,240 square-foot dual-entrance retail space available for sublease by Walgreens

• Market St. entrance: adjacent to Forever XXI, across the street from Four Seasons Hotel & 1/2 block from T-Mobile flagship store now under construction

• O’Farrell St. entrance: adjacent to Barneys, with Macy’s Men’s Store and Emporio Armani directly across the street

• High-volume pedestrian traffic area:►63,210 weekend volume►56,430 weekday volume

• Ideal transportation & parking options:

►BART/Muni station fronts the building►Powell Street Cable Car line one block away►Bay Area bike station across the street►8,000 + parking spaces surrounding Union Square area

• Other major retailers nearby include Nordstrom, Bloomingdale’s, Neiman Marcus, Macy’s and Crate & Barrel

RARE SUBLEASE OPPORTUNITY AVAILABLE

Page 3: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

Pedestrian Count Aerial

Page 4: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

Retail Zoom In Map

Page 5: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

Site PlanAvailable square feet: 12,240

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FIXTURE LEGEND

*DOES NOT INCLUDE STANDARDS, WOOD GROUNDSOR FINISHED END PANELS

G 1818 36 66 *GONDOLA D. W. H.(EA. SIDE)

WS 18 36 84 *WALL D. W. H.SHLVG

GE 18 39 66 *GONDOLA D. W. H.END

ALL OTHER FIXTURESARE TYPICALLYCALLED OUT DEPTH BYWIDTH. EXAMPLE:

DT 30 48DISPLAY D. W.TABLE

CORPORATE OPERATIONSVICE PRESIDENT

VICE PRESIDENTFACILITIES DEVELOPMENT

MARKET VICE PRESIDENT

REVIEWED BY:

EXECUTIVE APPROVAL DATE

KEY PLANNOT TO SCALE

FOR REFERENCE ONLY: SEE CONTRACTDOCUMENTS FOR DETAILED SITE PLAN

* A.D.A DOOR CLEARANCES

*ACCESSIBLITY REQUIREMENTS MAYVARY WITH LOCAL JURISDICTIONS

& APPROACH TO DOOR SWING

PROJECT DATA

SQUARE FOOT AREA SUMMARY

TYPE GENERAL SALES FOOD MART

NEW LOCATION PHARMACY SECURITY

24 HOUR STORE

LIQUOR

NEW LOCATIONEXIST'G BLDG

OTHER

PHOTO

REMODEL

DEPARTMENT SALES STOCK SERVICE TOTALEXIST'G

TOTALNEW

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FOODMART EXIST'G

NEW

RXEXIST'G

NEW

RXWAIT'G EXIST'G

NEW

LIQUOR

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NEWPHOTO

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NEW

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NEW

2NDFLOOR EXIST'G

NEW

TOTAL NEW

TOTAL EXST'G

TOTAL AREA: FIRST FLOOR

TOTAL AREA: OTHER LEVELS

GROSS AREA INCLUDING ALLDEPARTMENTS & ALL LEVELS:

RX SHELVING LINEAL FEET:

SQ.FT.

SQ.FT.

LN.FT.

SQ.FT.

7972 1842 502 10,316

900 900

461 461

128 128

435 435

9896 1842 502 12,240

12,240

12,240

53

9200 1331 232 10,763

607 607

461 461

128 128

281 281

10,677 1331 232 12,240

W. HOSE 03/04/09

Market St. Property View

Page 6: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

About the AreaThe best of what San Francisco has to offer is within easy reach of the historic Phelan Building:

Premier Shopping - Major national retailers are in the immediate vicinity, appealing to a wide range of shopping tastes and budgets.

Tourist Attractions - Powell Street Cable Car, the #3 tourist attraction in San Francisco, is only steps away, providing easy access to many other attractions and landmarks such as Ghiradelli Square and Fisherman’s Wharf.

Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital, Zynga, Yahoo! and SalesForce call this area their home, and the Financial District is only a few blocks away.

Entertainment - Yerba Buena Gardens, AMC Metreon 16-screen theater, Moscone Center and Warfield Theatre are among the many entertainment options for tourists and residents alike.

A Place to Call Home - 4,000 residential units in the immediate trade area, with 4,500 new, high-value residential units under development.

A Home Away from Home - Over 20 high-quality hotels are nearby, catering to both tourists and business visitors.

Page 7: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

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1. Marshalls2. Barney’s3. Forever XXI4. Nespresso5. Emporio Armani6. Macy’s Men7. Neiman Marcus8. Macy’s9. Crate & Barrel10. Disney Store11. T‐Mobile12. CB213. H&M14. Diesel15. Urban Outfitters16. Gap17. Ross Dress For Less18. Old Navy19. Levi’s20. The Container Store21. Bloomingdales22. Nordstrom23. Target24. Nordstrom Rack25. 6x6 (Retail Mall)26. AT&T27. Uniqlo28. Dolce & Gabana29. Gumps30. DeBeers31. Prada32. Burberry33. Bvlgari34. Gucci35. Victoria’s Secret36. DSW37. Saks Fifth Avenue38. William Sonoma39. Apple 40. Nike41. Harry Winston42. North Face43. Shereve & Co.44. Banana Republic45. Ralph Lauren46. Jos. A. Bank47. Lululemon

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Union Square Retail District Map

Page 8: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

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1. Palomar Hotel2. Mossar Hotel3. Marriott4. Four Seasons 5. Westin Market Street6. St. Regis7. W Hotel8. Palace Hotel9. Hotel Union Square10. Abri Hotel11. Powell Hotel12. Hotel Zetta13. Pickwick Hotel14. Intercontinental Hotel15. Wyndam Parc 5516. Hilton Towers17. Hotel Nikko18. Serano Hotel19. Hotel Monaco20. Clift Hotel21. Handlery Union Square22. Westin St. Francis23. Hotel Donatello24. Prescott Hotel25. Post Hotel26. JW Marriott27. Kensington Hotel28. Inn at Union Square29. Hotel Rex30. Larkspur Hotel31. Sir Francis Drake Hotel32. Grand Hyatt Union Square33. Marriott Union Square34. Campton Place Hotel

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Hotel Map

Page 9: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

History of Phelan BuildingSan Francisco’s landmark Phelan Building has a long and storied past. The original structure, built in 1881, was a six-story, bay-windowed flatiron constructed by pioneer banker and capitalist James Phelan. Destroyed by fire as a result of the 1906 earthquake, it was reconstructed in 1908 under the direction of Phelan’s son, James Duval Phelan, who had previously served as San Francisco’s mayor.

James D. Phelan commissioned architect William Curlett to design the current architectural masterpiece, a Renaissance/Baroque wedge- shaped structure using glazed cream terra cotta. It was likely the largest structure in the city clad with this favorite reconstruction material and an outstanding example of Phelan’s desire to make the downtown area like the “Great White City” of Chicago’s 1893 World’s Fair. The new building instantly became one of the most prominent and preeminent office structures in San Francisco.

TodayThis beautiful flatiron-designed property is an 11-story mixed-use retail and office building with 31,000 square feet and 328 ft of frontage along Market Street. It continues to be a showcase of San Francisco’s retail district with its two monumental fa-çades. Handsomely detailed and spectacularly sited, the build-ing remains one of the most prominent on Market Street and a superb example of the dwindling number of flatirons that were once a common feature in the area.

Page 10: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

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Median HH Income200,000 and Above175,000 to 200,000150,000 to 175,000125,000 to 150,000100,000 to 125,00075,000 to 100,000

0 to 75,000

Parks , Golf Courses,Cem etaries, & Airports

Demographic Report

Demographic Summary Report 776 Market St., San Francisco, CA

.25 Mile Radius

.5 MileRadius

1 Mile Radius

POPULATION

Current Est. Population 1,978 32,344 130,741

2021 Projected Population 2,193 34,784 140,296

Projected Annual Growth 2016-2021 2.09% 1.47% 1.42%

Median Age 42.5 44.1 40.6

HOUSEHOLDS

Current Est. Households 1,312 19,790 71,677

2016 Est. Households 1,454 21,298 77,029

Projected HH Growth 2016-2021 2.08% 1.48% 1.45%

2016 Avg. Household Size 1.40 1.51 1.70

INCOME

Avg. Household Income $108,604 $71,561 $91,861

Median Household Income $42,202 $29,531 $48,717

2016 Per Capita Income $70,314 $44,473 $52,422

BUSINESS

Number of Businesses 2,427 8,843 21,357

Total Number of Employees 44,656 147,727 330,588

Employee/Residential Population Ratio 22.58:1 4.57:1 2.53:1

EDUCATION

High School Graduate/Equivalent 10.8% 15.9% 14.2%

Some College 15.6% 18.9% 15.5%

Associate Degrees Only 6.1% 4.3% 4.2%

Bachelors Degrees Only 29.2% 25.7% 30.5%

Graduate Degree 27.2% 14.5% 17.2%

POPULATION BY RACE

White 50.9% 40.5% 42.5%

Black or African American 7.5% 7.6% 5.6%

Asian & Pacific Islander 32.5% 41.2% 41.4%

Hispanic Origin 10.8% 12.7% 12.3% Source: U.S. Census Bureau, Census 2010 Summary File 1. ESRI Forecasts for 2016 and 2021

Demographic Highlights

• 16.6 million visitors to San Francisco spent $8.9 billion in 2012, with Union Square #1 area visited

• 63,210 weekend pedestrian traffic

• 128,900 daily passengers ride BART to downtown

• 148,000 employees & 8,800 businesses within 5 min. walk

• $109,000 avg. household income within .25 mile radius

Page 11: Retail Sublease - JLL · 2018-05-07 · Ghiradelli Square and Fisherman’s Wharf. Employment - Leading technology and investment companies such as Twitter, Yelp, Benchmark Capital,

FOR SUBLEASE | 776 Market St., San Francisco

ContactMatt Alexander

Managing Principal415.908.4938

[email protected]

Andrew LindseyFirst VIce President

[email protected]

www.srsre.com/sfbayarea

100 Pine St. Suite 1550 | San Francisco, CA 94111

The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.