spaces delivered q3 2021 - lockehouse.com

MICHAEL SEIGEL (650) 597-6424

[email protected] #01096257

TINA ESSEGIAN (650) 931-2226


200 Linden Avenue, South San Francisco, CA

SPACES DELIVERED Q3 2021

NEW GROUND FLOOR RETAIL ±6,300 SF IN A MIXED-USED DEVELOPMENT

SOUTH SAN FRANCISCO, CA

2 |

• Corner retail and café spaces available; generous ceiling heights, expansive glass storefronts and outdoor cafe seating ±6,300 SF (divisible) with on-site retail parking

• New, 7-story mixed use residential/retail development in Downtown South San Francisco at NEC Linden and Baden Avenues (97 high-end residential condos with parking)

• Dense residential and daytime population surrounding site

• Minutes to BART, SFO and one block to/from the new South San Francisco Caltrain station

• Immediately west of Oyster Point – the hub of the nation’s biotechnology industry and currently expanding

• Retail, drug store/pharmacy, medical, food and health/wellness/ fitness allowed

• Delivery date Summer 2021

PROPERTY HIGHLIGHTS

DEMOGRAPHICS 1 MILE 2 MILE 3 MILEPopulation 21,657 56,958 110,339Median Income $63,347 $73,680 $82,341Daytime Population 23,057 46,132 67,324

TRAFFIC COUNTSApproximately 19,000 ADT @ Linden Ave. & Baden Ave.Approximately 216,000 ADT @ HWY 101 & Grand Ave.

BADEN AVE

LINDEN AVE

LINDEN AVE

MILLER AVE

LUX AVE

GRAND AVE

AIRPORT BLVD

Under Construction

Future Projects

Completed Projects

Parking

255 Cypress 46 Units | 60 Feet

Sares RegisCadence Phase 2

195 Units

488 Linden 38 Units | 60 Feet

Parking Garage 65 Feet

150 Airport157 Units

City Hall

To S

an F

ranc

isco

±216

,00

0 A

DT

N101

GIORGI BROS.GIORGI BROS.FURNITUREFURNITURESHOWROOMSHOWROOM

THAITHAISATAYSATAY

THETHEWINE WINE VAULTVAULT

FLAVASFLAVASJAMAICANJAMAICAN

ANDIAMOANDIAMOCUCINACUCINA

BEN TREBEN TRECAFE 382CAFE 382

DI NAPOLIDI NAPOLIPIZZERIAPIZZERIA

200 Airport94 Units

Pedestrian Pathway to Caltrain Sation

(Q2 2021)

Pinefino 61 Units | 60 Feet

Sares RegisCadence Phase 1272 Units | 80 Feet

BUILDING PLAN

For more information, please contact:

TINA ESSEGIAN +1 650 931 2226 [email protected] # 00949526

MICHAEL SEIGEL +1 650 597 6424 [email protected] # 01096257

MAIN LOCKER W/TOUCHSCREEN

25"x40.5"

ADD-ONS,M,L

LOCKER

25"x40.5"

REFLOCKER

25"x27"

GAS METER ENCLOSURE

1:12

MA

X

UP

9'-0" X 18'-0"

VAN ACCESSIBLE26

8'6" X 18'

16

8'6" X 18'

15

8'6" X 18'

14

8'6" X 18'

20

8'6" X 18'

21

8'6" X 18'

22

8'6" X 18'

19

8'6" X 18'

18

8'6" X 18'

17

8'6" X 18'

8

8'6" X 18'

9

8'6" X 18'

10

8'6" X 18'

30

8'6" X 18'

31

8'6" X 18'

32

8'6" X 18'

33

8'6" X 18'

29

8'6" X 18'

28

8' X 16'

25

COMPACT

8' X 16'

24

COMPACT

8' X 16'

23

COMPACT

9'6" X 28'

8'6" X 18'

4

8'6" X 18'

27

8'6" X 18'

5

8'6" X 18'

6

8'6" X 18'

7

8' X

16'

13

CO

MP

AC

T

8' X

16'

12

CO

MP

AC

T

8' X

16'

11

CO

MP

AC

T

9'-0

" X 1

8'-0

"

EV

(VA

N)

1

8'6" X 18'

3

9'-0

" X 1

8'-0

"

VA

N A

CC

ES

SIB

LE2

8' X

16'

25

CO

MP

AC

T

DN

UP

GA

RA

GE

RA

MP

17%

UP

8.5%

20%

MA

X.

GA

RA

GE

RA

MP

10%

10%

UP4.9%

UP4.9%

1:12 MAX

UP

UP

DN

UP

1.211.22 G.01

G.02

PARKING--

BIKE

ROOM--

ELECTRICAL

LOBBY--

RESIDENTIAL

LOBBY--

TRANSIT

TRASH ROOM--

ROOM--

MAIL/PARCEL

ROOM--

FIRE PUMP

MPOE--

--

RETAIL PARKING

--

RESIDENT PARKING

PUMP ROOM--

BOOSTER

GENERATOR--

BOILER ROOM--

ELEVATOR A--

ELEVATOR B--

STAIR B--

1,447 S.F.

307 S.F.

130 S.F.

TRASH ROOM--

RETAIL

192 S.F.

33'-11 1/4"

42'-10 3/4"

83'-1 3/4"

49'-2 1/2"

28'-

0 3/

4"

98'-

2"

STAIR A--

22'-

2 1/

2"

BADEN AVENUE

THIRD LANE

LIN

DE

N A

VE

NU

E

SIDEWALK+1'-8"

INTERIOR FLOOR+0'-0"

SIDEWALK+0'-0"


SIDEWALK-1'-4"


TRUENORTH

PROJECTNORTH

0 1684

COLOR LEGENDRETAIL

RETAIL PARKING

RESIDENTIAL AMENITIES

Site Plan

RETAIL A±4,893 SF

RETAIL B±1,310 SF

LIN

DEN

AV

E

THIRD LANE

BADEN AVENUE

AVAILABLE RETAIL SPACE

PARKING FOR RETAIL

4 |





BUILDING PLAN




RETAIL PLAN

1:12 MAX

UP

UP

UP

21'-2 1/4"

14'-

11 1

/8"

33'-11 1/4"

22'-

2 1/

2"

22'-

2 1/

2"

22'-2 1/2"

0 84221/4" = 1'-0"

FLOOR 1 - RETAIL A

11/4" = 1'-0"

FLOOR 1 - RETAIL B

1.211.22

TRUENORTH

PROJECTNORTH

42'-10 3/4"

98'-

2"

83'-1 3/4"

45'-6 3/4"

28'-

0 3/

4"

49'-2 1/2"

1:12 MAX

UP

UP

UP

21'-2 1/4"

14'-

11 1

/8"

33'-11 1/4"

22'-

2 1/

2"

22'-

2 1/

2"

22'-2 1/2"

0 84221/4" = 1'-0"

FLOOR 1 - RETAIL A

11/4" = 1'-0"

FLOOR 1 - RETAIL B

1.211.22

TRUENORTH

PROJECTNORTH

42'-10 3/4"

98'-

2"

83'-1 3/4"

45'-6 3/4"

28'-

0 3/

4"

49'-2 1/2"

Site Plan

RETAIL A±4,893 SF

(16.5’ Ceiling Height)

(May be demised)

RETAIL B±1,310 SF(18’ Ceiling Height)

LIN

DEN

AV

E

BADEN AVENUE

BADEN AVENUE

5 |





RETAIL PLAN




IMPACT OF RAPID MARKET CHANGE2016-2019

T-04

T-03

B-60 T-05

B-27 B-29

B-71D B-71C

B-71B

B-71A B-71F

T-06

T-07

B-79

B-75

B-23

B-84

B-85

B-83

B-82 PS

B-28

B-30 B-21

B-20

B-35

B-33

B-32

B-31

B-25

B-26 B-24

B-10 B-11

B-12

B-13

B-14

B-15

B-15

PS-2

B-56

B-64 T-09

T-01 B-09

PS-1 B-51

B-07

B-05

B-04 B-03

B-06

B-08

B-41 PS-A

B-44 B-43 B-42

B-47 B-46 B-45

PS-B B-48

Impact of Rapid Market Change 2016 - 2017

Sierra Point—Brisbane 87,000 SF of Class A office to be converted to life science. Rates will be $3.75 NNN with a $100 TI al-lowance. Also available for sale. Ultragenyx leased entire 5000 Marina Blvd 65,000 SF at $2.75 NNN with $60 TI. Opex is $1.00 PSF. 10 free months.

2 Genesis Towers Original building fully leased and also built their 400k SF north tower. 4000 Shoreline 70,000 SF sold to Phase 3 and going life science (same economics as Centennial, timing dependent on termination of existing tenants’ leases)

3 The Cove HCP Last phase of The Cove is still under construction but fully pre-leased.

5 Oyster Point Business Park Kilroy bought from Greenland. Under construction on first phase 508K SF.

6 Verily Campus Alexandria has finished their final building.

7 Amgen Subleases After 8 years of vacancy, the space is 100% leased by NGM Pharmaceuticals—130,000 SF and Prothena— 130,000 SF. Deal rates are $3.08 and $3.10 NNN with approx. $125 in Tis on shell space.

7 3

2

8

EXISTING OR ENTITELD LIFE SCIENCE

EXISTING OR ENTITELD CLASS A OFFICE 1

2

5

4

6

1

9 Google Buys Hudson Pacific’s Portfolio Google purchased 900,000 SF of Class A office space in San Bruno for future expansion. Tenants will be displaced within 12-60 months.

9

10 HCP Buys Edgewater Business Park for $488 PSF

10

11 MERCK leased 100,000 SF at 630,650 Gateway

11

FUTURE LOSS OF EXISTING INDUSTRIAL PRODUCT

13

13

13

13

13

13 SF losing 450,000 SF of Industrial Building Base SSF losing 920,000 SF of Industrial Building Base Mid-Peninsula losing 250,000 SF of Industrial Building Base

12 MERCK leased 300,000 SF with ARE. Build to suit.

14 Sold to Carlye and will be converted to life science Asking $4.95 NNN with $125 TI on warm shell.

14

12

15 Over 500 new residential units entitled and/or under construction in Downtown South San Francisco.

12

8 Costco (Business Center Store) — Levitz Site Now open.

4 801 Gateway Blvd 136,075 SF sold to Health Plan of San Mateo (user). Will occupy for its own use.

1 1

2/22/17

15

RESIDENTIAL DEVELOPMENTS

6 |





IMPACT OF RAPID MARKET CHANGE (2016-2019)





200 Linden Avenue, South San Francisco, CA

spaces delivered q3 2021 - lockehouse.com

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