622 State St - Storefront FOR SALE


Santa Barbara, CA 93101- Lower State
$6,225,000 USD
805-403-4735
622 State St, Santa Barbara, CA for Sale
$6,225,000 USD
Storefront - FOR SALE
1/9
null | 5.25% Cap Rate

622 State St
Santa Barbara, CA 93101
Lower State


OVERVIEW

Prime, single-level retail building custom designed and built for Urban Outfitters in 1999 and has remained the only tenant since the building’s completion. The ±10,214 SF structure is situated in a high foot traffic section of downtown Santa Barbara adjacent to bars, dining, boutiques, parking garages and entertainment venues. Sweeping, open floor plan filled with natural light thanks to six skylights and large State Street facing windows. Cement flooring and industrial-style lighting makes this a modern and highly valuable asset for investors seeking Class A properties in downtown Santa Barbara.

FOR SALE DETAILS

PRICE

$6,225,000 USD

PRICE/SF

$609 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

E. Ortega St.

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

M-C

APN/PARCEL ID

037-132-030

ASK ABOUT THIS PROPERTY

Chris ParkerColliersMore Info
805-403-4735

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Chris ParkerColliersMore Info
805-403-4735

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.