1450 Armstrong Ave
8,000 SF for lease in San Francisco, CA.
31-foot clear height, a drive-in loading bay with automatic roll-up door, an overhead crane, and 400-600 amp 3-phase power give this space functional depth that's hard to find in San Francisco's shrinking industrial stock.
The site sits within San Francisco's PDR-2 Core Industrial district, a zoning designation that reserves the parcel for production, distribution and repair uses as the city continues converting industrial land elsewhere to residential and mixed-use.
Armstrong Ave sits a short distance off Third Street, on the Muni Metro T-Third light rail line, with straightforward truck access to Highway 101 via Cesar Chavez and to I-280, plus proximity to the Port of San Francisco's cargo facilities.
The property is minutes from the Hunters Point Shipyard and India Basin redevelopment areas, where new institutional capital (including Terreno Realty's 2026 acquisition of the nearby India Basin Commerce Center) signals renewed investor confidence in the surrounding industrial corridor.
Building specifications
Bayview / Hunters Point Industrial Corridor
1450 Armstrong Ave sits in San Francisco's Bayview-Hunters Point industrial district, one of the city's last concentrations of PDR-zoned space, a few blocks west of the Third Street corridor and the Muni Metro T-Third line. The location gives tenants quick truck access to Highway 101 via Cesar Chavez Street and to I-280, along with proximity to the Port of San Francisco.
The surrounding submarket is in transition: long-standing industrial and manufacturing users operate alongside large-scale redevelopment at the Hunters Point Shipyard and India Basin waterfront, projects that are steadily bringing new housing, infrastructure and capital to a corridor that has historically traded at a discount to the rest of San Francisco's industrial market.
Institutional Capital Returns to Bayview Industrial: Terreno Realty Acquires Nearby India Basin Commerce Center for $25.9M
In June 2026, Terreno Realty Corp. paid $25.9 million for the India Basin Commerce Center at 201-395 Mendell St., a 65,000 SF Class B warehouse on 3.8 acres roughly a mile from Armstrong Ave, fully leased to four tenants through 2031 with 17 dock-high and 10 grade-level loading positions. Terreno underwrote the deal to a 5.5% stabilized cap rate — a sign that institutional buyers are still willing to pay up for well-located Bayview industrial product even as broader city commercial real estate remains under pressure.
That transaction lines up with CBRE's first-quarter 2026 San Francisco Industrial Figures, which showed citywide industrial vacancy improving 60 basis points to 8.3% and manufacturing vacancy falling from 14.1% to 12.1%. The Bayview/Hunters Point submarket itself — roughly 7.6 million square feet of inventory — posted 12.5% availability, tighter than many of the city's other industrial pockets.
Source: Commercial Property Executive / CommercialSearch (Terreno Realty acquisition, June 2026); CBRE Q1 2026 San Francisco Industrial Figures
How we'd position this listing
This is a functional, well-specified industrial unit in one of San Francisco's few remaining protected PDR zones — 31-foot clear height, drive-in loading and heavy power are attributes that are increasingly scarce inside city limits as older industrial buildings get entitled for residential conversion.
The recent Terreno Realty purchase a mile away, combined with tightening citywide industrial and manufacturing vacancy, points to renewed investor and occupier interest in the Bayview corridor. For a lease-rate tenant, that combination of scarce PDR-zoned supply and improving submarket fundamentals is worth factoring into a longer-term commitment at this rate.
Get rent roll detail, floor plans, and comparable sales for 1450 Armstrong Ave.
Let's talk about 1450 Armstrong Ave.
jida@lee-associates.com
Brendan Gallagher — (760) 846-1736
242 California St, San Francisco, CA 94111