Chestnut Street
Description
The Marina District’s Retail Gem
Chestnut Street has a reputation as a refined retail and dining corridor. Known for its blend of national brands, local boutiques and vibrant eateries, this high-energy destination captures the essence of Marina life: upscale, dynamic and deeply connected to the city’s culture. Anchored by key tenants like Marine Layer, Faherty, Madewell and Sweetgreen, Chestnut Street is a magnet for affluent young professionals and families who value quality, convenience and a neighborhood that feels welcoming.
The Chestnut Street Experience
Chestnut Street is really just a slice of San Francisco’s modern lifestyle – bustling cafés, trendsetting boutiques and high-end st
Swiss sportswear brand On is set to open its first San Francisco store at 2061 Chestnut Street in the Marina District, a prime retail corridor known for high foot traffic and premium rents. The Zurich-based company, which has rapidly expanded its retail footprint with flagship locations in Paris, Milan, and Chicago, continues to grow its U.S. presence, with only one other California store in Los Angeles. The new store replaces Paper Source, reflecting the Marina’s evolving retail landscape as landlords seek tenants willing to pay premium rents. CBRE’s Alex Sagues notes strong demand from retailers eager to secure space in this highly walkable district. On’s expansion aligns with its strategy of using retail locations not just for sales but to enhance brand presence in key markets.
Thuma, the bedroom furniture brand, to open showroom on San Francisco's Chestnut Street
Local Expert Analysis
Retail Leasing and Market Dynamics
Chestnut Street commands premium rents ranging from $100 to $150 per square foot. With a vacancy rate of less than 5%, the competition for space is fierce, and leasing activity remains brisk. This demand is further supported by San Francisco’s Formula Retail restrictions, which limit the proliferation of large chains and protect the street’s balance of national and local brands.
Customer Demographics and Foot Traffic
Chestnut Street caters to high-income households, young professionals, and families. The street benefits from a steady flow of foot traffic throughout the week, which surges on weekends and during events in the Marina, such as festivals or w
New Developments
The redevelopment of the former Wells Fargo building into a mixed-use space is poised to enhance Chestnut Street’s already thriving environment. This project is ready to inject new energy into the area, creating opportunities for both retailers and residents.
