Transamerica Pyramid

Transamerica Pyramid 600 Montgomery Street, Suite 4000
San Francisco, CA 94111

  • 667,000

    Square Feet

  • Office

    Property Type

  • -

    WALT

  • 96%

    Occupancy

  • 4.00%

    Cap Rate

  • $600,000,000

    Asking Price

Offering Summary

Address

  • 600 Montgomery Street
    San Francisco, CA 94111

Pricing

  • Asking Price$600,000,000
  • Price PSF$900
  • Cap Rate4.00%
  • In-Place Cap Rate3.80%
  • In-Place NOI$22,800,000
  • T12 Cap Rate3.80%
  • In-Place Rents85
  • Market Rents95
  • Rents Below Market12.00%
  • Mark-to Market Cap Rate4.50%
  • GRM19.00
  • Potential GRM21.00
  • Investment Period12 Years
  • Unlevered IRR8.50%
  • Levered IRR13.50%
  • Return-on-Cost7.00%

Details

  • Property TypeOffice
  • Listing StatusComing Soon
  • Square Feet667,000
  • Occupancy96%
  • Year Built1972
  • Year Renovated2021
  • Building ClassA
  • Building(s)1
  • Stories48
  • Parking Ratio2
  • Acres3.00
  • APNSF-CA-8003
  • TenancyMulti-tenant

Offering Summary111

Address

  • 600 Montgomery Street
    San Francisco, CA 94111

Pricing

  • Asking Price$600,000,000
  • Price PSF$900
  • Cap Rate4.00%
  • In-Place Cap Rate3.80%
  • In-Place NOI$22,800,000
  • T12 Cap Rate3.80%
  • In-Place Rents85
  • Market Rents95
  • Rents Below Market12.00%
  • Mark-to Market Cap Rate4.50%
  • GRM19.00
  • Potential GRM21.00
  • Investment Period12 Years
  • Unlevered IRR8.50%
  • Levered IRR13.50%
  • Return-on-Cost7.00%

Details

  • Property TypeOffice
  • Listing StatusComing Soon
  • Square Feet667,000
  • Occupancy96%
  • Year Built1972
  • Year Renovated2021
  • Building ClassA
  • Building(s)1
  • Stories48
  • Parking Ratio2
  • Acres3.00
  • APNSF-CA-8003
  • TenancyMulti-tenant

Address

  • 600 Montgomery Street
    CA 94111

Pricing

  • Asking Price$600,000,000
  • Price PSF$900
  • Cap Rate4.00%
  • In-Place Cap Rate3.80%
  • In-Place NOI$22,800,000
  • T12 Cap Rate3.80%
  • In-Place Rents85
  • Market Rents95
  • Rents Below Market12.00%
  • Mark-to Market Cap Rate4.50%
  • GRM19.00
  • Potential GRM21.00
  • Investment Period12 Years
  • Unlevered IRR8.50%
  • Levered IRR13.50%
  • Return-on-Cost7.00%

Details

  • Property TypeOffice
  • Listing StatusComing Soon
  • Square Feet667,000
  • Occupancy96%
  • Year Built1972
  • Year Renovated2021
  • Building ClassA
  • Building(s)1
  • Stories48
  • Parking Ratio2
  • Acres3.00
  • APNSF-CA-8003
  • TenancyMulti-tenant

Description

The Transamerica Pyramid is San Francisco's most recognizable office tower, offering premium office space with stunning views of the Bay and city skyline.