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933 Mason Street Suite B
FLEXIBLE SPACE IN HISTORIC HANGAR AT CRISSY FIELD
Exterior of 933 Mason, with white siding and a red roof.
Property Description

933 Mason Street (circa 1921) is situated along the western end of the stunning northern waterfront, with extraordinary views of the Golden Gate Bridge, San Francisco Bay, and Alcatraz. The historic hangars and warehouses here, the legacy of the site’s aviation history, now house popular recreational destinations.
 
Suite B has been renovated to warm shell condition and is ready for tenant improvements. Its layout is a large open, rectangle floor plan with an adjacent bathroom and small east lobby entrance that adjoins a slightly smaller space. Both spaces have doors on the west side.
 
Crissy Field is one of the most recognizable spaces on the West Coast and the most visited Presidio district. Its beaches, trails, and bridge views draw millions each year. Other nearby visitor destinations include a rock-climbing gym, trampoline house, a marine sanctuary visitor center, the Warming Hut Cafe, and Fort Point. West Crissy Field is near the Golden Gate Bridge Visitor Center, which is being revitalized in celebration of the icon’s 75th anniversary.
 
Given this building’s location, respondents are encouraged to indicate how they will respond to the Presidio Trust's interest in providing access to the general public. Cultural and educational uses may include museums, artist or craft workshops, education or instructional programs, and special event venues. Recreational uses may include uses related to sports, and health and fitness. Other visitor-serving uses, such as retail that is related to cultural, educational or recreational uses, may also be considered, along with food service such as restaurants and cafés. Small accessory offices required for the operation of preferred uses are permitted, but general office, child care, and residential uses are not.
 
Metered parking is very limited in this area. The Trust seeks a mix of uses and parking and transportation demand management strategies that will ensure the site capacity is not exceeded.
Expenses
In addition to base rent and parking, tenant is responsible for all operating expenses including utilities, insurance, maintenance and the Service District Charge (SDC). SDC is a reimbursement to the Trust for a portion of municipal services such as police, fire, emergency services, road and other infrastructure maintenance. Current SDC is estimated at $4.58 per rentable square foot, per year, subject to annual adjustment.
Commission
The Presidio Trust will pay commissions to procuring brokers who are involved in the transaction. Brokerage commission shall be the greater of:
(a) $1.00 per rentable square feet per year up to 10 years; or
(b) 5% / 4% / 4% / 3% / 2% of rental income (not including service district charge pass-throughs) for first five years, and 1.5% of rental income each year for the next five years, and 1% of rental income each year for years 11 through 15.

Commissions are earned one-half upon lease execution and one-half upon tenant occupancy. Commissions are payable within 30 days after they are earned. Procuring cause will include, but not be limited to the following:
1. Broker must accompany the clients on the initial visit to the Presidio;
2. Broker must provide written confirmation of an agreement between broker and tenant;
3. Broker must have a continuing involvement in the transaction.
Tenant Selection Criteria
  • Responsiveness to the Presidio Trust's stated project objectives
  • Consistency with the planning principles and preferred uses articulated in Presidio Trust Management Plan, contribution to the visitor experience, and responsiveness to the general objectives of the General Management Plan Amendment
  • Qualifications and experience of respondents
  • Financial capability, which will be evaluated on overall financial track record and strength of current relationships with financial institutions. Proposals will be evaluated on business terms, business plan and economic proposal.
Property Details
Available Now
Square Feet 3,450
Divisible? Not Divisible
Floors 1
Uses Cultural; Educational; Food Service; Health and Fitness; Recreational
Term Negotiable
Rent Rate Market base rent NNN lease, negotiable, with periodic base rent increases and a possible inclusion of percentage rent and/or participation rent

Contact Us

Real Estate Leasing + Development
T: (415) 561-5335
E: leasing@presidiotrust.gov

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