101 Utah St
San Francisco, CA 94103

Newmark, as exclusive advisor, is pleased to extend to qualified investors and owner-users the opportunity to acquire the 100% fee-simple interest in 101 Utah Street (the “Property”) - a two-story, ±67,000 sq. ft. urban R&D / Industrial building located in San Francisco’s Design District. The Property, zoned PDR-1-D, will be delivered vacant in brand new cold shell condition ready for the next owner to finish the project to their desired specs. Over $11 million in base building renovation capital was spent in 2022-2023 on work including structural upgrades, newly installed heavy power (4,000 AMPS at 277/480V), roof, elevator and dramatic exterior improvements. This foundational work allows for a truncated project completion timeline to deliver a purpose-built state-of-the-art urban R&D hub.
Investment Highlights
* Significant Potential | A one-of-a-kind state-of-the-art purpose-built advanced manufacturing R&D or high-end industrial building
* Functionality and Flexibility | 101 Utah’s base building checks all the boxes – heavy power, loading / access, high clear heights – and can accommodate a wide variety of users
* Low Basis Offering – Adjusted Stabilized Basis Well Below Replacement Cost
* Significant Recent Capital Invested | Over $11M in base building renovation capital invested in 2022-2023
* Heavy Lift Completed — Major structural work,. all new glass, loading doors, heavy power delivered, newly installed roof, new roof deck, new elevator serving all four floors, and base FLS systems in place
**Please visit our website for more information: https://properties.nmrk.com/101-utah-street-san-francisco-sale **