Sunday, October 18, 2009

SOMA Concrete and Timber Office Building


Exclusive Listing Agent: Oron Maher


Asking Price: $4,175,000.


This 1927-built concrete and timber building was formerly the William Randolph Hearst Priting Plant, which totals approximately 13,808 sf on three floors, includin lower level. The ground floor is tenant-occupied on a lease which expires March 31, 2013. The base rent for the year 2009 is $9,012/month IG ($1.30/ft), which escalates yearly through year five. Tenant has the option to extend the lease by 5 years at maturity. This floor has very high-cielings.The third floor will be delivered vacant, BUT seller may lease-back. The office floors are elegant and have many high-end features including: concrete/hardwood floors and timber throughout (sand-blasted), large conference room, HVAC (third floor only), operable windows, custom hand-blown bathroom fixtures. All workstations are wired for phone and internet with multiple ports.The entire building is monitored by Sonitorl alarm and is hardwired with a smoke detector system, fully-wired CAT-5 wiring with phone and voicemail system throughout. The building has stairway access to all floors from Howard St and freight elevators to all floors from Moss St. The is also a loading dock with access from Moss St.
Excellent SOMA location on Howard St (between 6th and 7th) on the corner of Moss Street.


For more information: 415-834-3545

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