facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Retail

/

Lease

/

815 Market Street San Franc...

Updated Oct 29, 2024

Levi Strauss Renews Lease For 22,000 SF Flagship Store On Market Street, San Francisco
LEASEDRetail

Levi Strauss Renews Lease For 22,000 SF Flagship Store On Market Street, San Francisco

815 Market Street San Francisco, CA 94102, USA

Building Size

22,000 SF

Asset Type

Retail

Closing

Sep 7, 2023

About this deal

AI

Levi Strauss has renewed its lease for its 22,000-square-foot flagship store located at 815 Market Street in San Francisco. This lease renewal underscores Levi Strauss' commitment to the city, despite the closure of nearby stores. The apparel company, which has been in San Francisco for 170 years, has also extended its lease for its headquarters and pledged to be a positive force for change in the city.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Square Footage: 22,000
  • Address: 815 Market Street, San Francisco
  • Tenant: Levi Strauss
  • Tenant's Representative: Chip Bergh

Chip Bergh, the CEO of Levi Strauss, played a key role in the lease renewal. The agreement to extend both the flagship store lease and the headquarters lease showcases the company's commitment to staying in San Francisco and being an influential presence in the city. Despite the challenging retail environment, Levi Strauss remains dedicated to its long-standing connection with San Francisco and aims to contribute positively to its community.

Players

Chip Bergh

Broker

1 deal

Broker

San Francisco Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

Deal FAQ

Visit Chip Bergh to view all their deals.

Browse California retail leases on Traded.

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

More Deals

Nearby Markets