Blue Bottle Coffee And Sweetgreen Sign 10-Year Leases At Mission Rock San Francisco
300 Toni Stone Crossing & 1090 Dr. Maya Angelou Way
Building Size
8,938 SF
Asset Type
Retail
Closing
Mar 11, 2025
AI
The property involved in this lease transaction is located at 300 Toni Stone Crossing & 1090 Dr. Maya Angelou Way in the San Francisco market. The asset type is retail, encompassing a total square footage of 4,469 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Lease Term: 10-year
- Landlord: Rob Speyer - Tishman Speyer
- Tenant: James Freeman - Blue Bottle Coffee; Jonathan Freeman - Sweet Green
- Landlord's Representative: Alex Sagues & Laura Barr - CBRE
- Tenant's Representative: AJ Schrader - Tier One Retail Group; Benzi Blatman - CBRE
Blue Bottle Coffee has a lease for 2,069 square feet, while Sweetgreen has leased 2,400 square feet. Both tenants signed 10-year leases at Mission Rock, part of a 28-acre development associated with Tishman Speyer and the San Francisco Giants.
Players
San Francisco Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93