Contacts
HC&M Commercial Properties
HC&M Commercial Properties
Property Details
- Property Type Industrial
- Property Size 11,000 SF
- Lot Size 1.3 Acre
- Zoning ML00M1
- Building Class C
- Year Built 1963
- Date Updated Sep 23, 2026
323 S. Canal Street presents a rare opportunity to acquire a stabilized industrial investment property in the highly desirable South San
Francisco market. The property consists of an approximately 11,000-square-foot building situated on a 56,503-square-foot (1.30-acre)
parcel, offering significant land value and long-term investment potential.
The asset is 100% leased on a triple-net (NNN) lease, providing investors with a predictable and passive income stream while minimizing
landlord responsibilities. The lease has approximately five (5) years of remaining term with no renewal options, creating the opportunity
for future rent repositioning or owner-user occupancy upon lease expiration.
The property generates a strong Net Operating Income (NOI) of approximately $360,000 annually and is offered at an asking price of
$9,500,000, representing a 3.8% capitalization rate.
Located in the heart of South San Francisco's industrial corridor with excellent access to Highways 101 and 280, San Francisco
International Airport, and the greater Bay Area, 323 S. Canal Street offers investors the rare combination of stable cash flow, an
irreplaceable land position, and long-term upside in one of Northern California's strongest industrial markets.
Reach out to the broker for more info on lease terms and amenities
Getting around
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79/100
Walk Score ®
-
72/100
Bike Score ®
Location
- City South San Francisco, CA
- Neighborhood Lindenville
- Zip Code 94080
- Market San Francisco
Points of Interest
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San Bruno
0.84 miles
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Long Term Parking
1.23 miles
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South San Francisco
1.96 miles
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West Field Road
2.08 miles
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San Francisco International Airport
2.60 miles
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San Francisco International Airport (SFO)
2.61 miles
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Taxi Stand at SFO, Domestic Terminal 3 (Arrivals Level in front of Door 5, 6, 7, 8, 9, 10)
2.63 miles
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Taxi Stand at International Arrivals SFO
2.66 miles
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Terminal 3
2.66 miles
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Taxi Stand at Grand Hyatt at SFO
2.75 miles
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Shell
0.35 miles
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True Zero
0.40 miles
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76
0.43 miles
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Valero
0.48 miles
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Chico's
0.50 miles
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Speedway
0.63 miles
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EV Range
0.64 miles
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Golden Gate Gasoline
0.76 miles
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Costco Gasoline
0.90 miles
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EVgo
0.92 miles
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Advantage Rent A Car
0.03 miles
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G&S Truck Wash
0.67 miles
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Fox Rent a Car
0.78 miles
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Airport Rent a Car
1.38 miles
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Alamo
1.60 miles
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Enterprise
1.61 miles
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Hertz
1.62 miles
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SIXT Rent a Car San Francisco Int Airport
1.62 miles
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Budget
1.63 miles
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Dollar
1.63 miles
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Little Green Cyclo
0.09 miles
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Denny's
0.29 miles
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Hung To Seafood Restaurant
0.36 miles
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Taco Bell
0.37 miles
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KFC
0.37 miles
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47 Hills Brewing Company
0.37 miles
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Dunkin' Donuts
0.40 miles
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Togo's
0.40 miles
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Fil-Am Cuisine 2
0.40 miles
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Hawi Hawaiian BBQ
0.41 miles