The Ferry Plaza East Building has been empty for 12 years despite its prime location next to the thriving Ferry Building and active Farmers Market. The absence of tenants is attributed to a lengthy 66-year lease established in 1974, making it challenging to attract potential restaurateurs. Previous efforts to find an international restaurant operator with high sales expectations have failed, partly due to the onerous lease conditions that create substantial barriers for potential occupants.
The significant factors contributing to the Ferry Plaza East Building vacancy include a burdensome 66-year lease that has deterred potential tenants from occupying the space.
Despite the busy surrounding area, including the Ferry Plaza Farmers Market, the search for a suitable tenant for the vacant restaurant space has been challenging due to stringent lease terms.
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