Longtime SoMa Automotive Facility Hits Market as Service Locations Grow Scarcer

SAN FRANCISCO, CA—Matthews™, a commercial real estate investment services and technology firm, recently brought to market a longtime automotive repair facility at 998 Folsom Street in San Francisco’s SoMa district for lease. The property has supported automotive operations for more than 40 years and comes available as redevelopment pressure and limited options make established service locations increasingly difficult for automotive users to replace. Matthews™ Senior Associate Belall Ahmed and Associate Micah Baylor are exclusively marketing the property for lease.

The 2,665-square-foot automotive repair facility sits on an approximately 5,050-square-foot corner parcel and features infrastructure already suited to automotive operations, including an oversized service bay with approximately 20-foot clear height, a wide service area capable of accommodating multiple vehicles, and an exterior vehicle lift, frontage parking, and prominent building signage opportunities. The property is being offered at a base rent of $3.00 per square foot plus $0.53 per square foot NNN and is expected to be available for occupancy Dec. 31. Unlike traditional commercial space, automotive facilities require a specific combination of vehicle access, service infrastructure, parking, and land-use compatibility. Those requirements can narrow the pool of viable properties in dense urban markets such as San Francisco, particularly as lower-density service sites face pressure from redevelopment and competing land uses.

“This was a unique opportunity to bring a highly functional automotive property to market in one of San Francisco’s most established automotive corridors,” Baylor said. “The combination of a long-standing automotive use, excellent visibility, existing improvements, and immediate access to major transportation routes made this a compelling opportunity for an operator looking to establish or expand their presence in SoMa.”

Located at the signalized corner of Folsom and 6th Streets in San Francisco’s SoMa district, the property is surrounded by a concentration of automotive repair, body, and service businesses. That clustering has made this portion of SoMa a longstanding destination for automotive services, with operators benefiting from proximity to complementary businesses and an existing customer base accustomed to seeking vehicle-related services in the area. More than 21,000 vehicles pass the property daily, while immediate access to I-80, US-101, and I-280 provides connectivity throughout San Francisco and the broader Bay Area.

For more information, please contact Belall Ahmed and Micah Baylor or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.