Office Building Property Condition Assessment

10 United Nations

10 United Nations

An Office Building Property Condition Assessment

The Property

Well designed, well maintained six story, concrete and steel frame office building with curved face and “L” shape. Abundant natural light on all floors. Clear Height is 16 feet from first to second floor and 12 feet, 6 inches at other levels. Two 3,000-pound-capacity, geared traction elevators for the ground floor to the sixth floor. Additionally, a 2,100-pound-capacity, two stop hydraulic elevator for access between the first and second floors within a tenant suite. Equipment rooms for the HVAC systems located in the penthouse.

 

The property is located in the Civic Center submarket of the City of San Francisco, immediately adjacent to the Civic Center BART/Muni Station. Immediate surrounding office buildings include multiple Federal, State and City of San Francisco uses, most of which have been totally reconstructed or newly developed. This submarket has one of the lowest vacancy rates of any submarket in San Francisco.

10 United Nations is a multi-tenant office building and is also home to the Art Institute of San Francisco.

Summary

Commercial Building Consultants was engaged to perform a third-party physical site inspection to identify any significant deferred maintenance issues and/or building systems not functioning as intended.

The property was found to be in good to very good condition with a successful renovation to the property having recently taken place.

Project Highlights

Overview

Street view showcasing the Art Institute of San Francisco location.

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