150 Spear — Sale in San Francisco, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: San Francisco, CA 94105

Description

150 Spear Street is a 270,000 SF Class A building located directly along the desirable Spear Street Corridor in San Francisco’s South Financial District. Just a block from the waterfront, 150 Spear Street offers its tenants easy access via the Ferry, Embarcadero BART/Muni Lightrail Station, Transbay and Muni buses, and the Bay Bridge. San Francisco’s landmark mixed-use Rincon Center is directly across the street, and some of the city’s finest luxury housing and most desirable amenities are just a short walk away, including the Ferry Building, the Embarcadero Promenade, and Restaurant Row. The area is favored by countless Fortune 500 companies and is home to some of San Francisco’s largest and most important employers. 150 Spear was is certified LEED Platinum in 2020. The building was also named Energy Star Property of The Year in 2018.

Market Context

This office in San Francisco, CA is listed for sale. It has been on the market for 141 days. Compare it against other office listings for sale in San Francisco, CA — view the full market.

As of Q1 2026, the San Francisco office market showed a 30.3% vacancy rate, average asking rents near $68.38/SF/yr, and cap rates around 6.6%. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

What is the typical cap rate for office in San Francisco?
About 6.6% as of Q1 2026, per multiple brokerage reports.
Is the San Francisco office market tightening or softening?
Vacancy is around 30.3% (Q1 2026).

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