This Office Property is no longer advertised on LoopNet.com.

111 E Victoria St
Santa Barbara, CA 93101
NEW PRICE | NNN-Leased Investment 5.5% CAP · Office Property For Sale

Investment Highlights

  • NEW PRICE | NOW OFFERED AT $22M | 10-Year NNN-leased investment opportunity.
  • True Trophy Asset boasting a world-class Oncology & Clinical Center (plus a rooftop deck with beautiful views of the “American Riviera".
  • Power: upgraded to 5,000+ AMPs plus a back-up generator.
  • ±21,970 SF Class A Medical/Office building in the heart of downtown Santa Barbara with 4 patios & balconies.
  • 5.5% CAP rate.
  • Covered and gated parking.

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
21,970 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
7,323 SF
Building FAR
1.87
Lot Size
0.27 AC
Zoning
C-G - C-G (Commercial General)
Parking
39 Spaces (1.78 Spaces per 1,000 SF Leased)

Amenities

  • Kitchen
  • Roof Terrace
  • High Ceilings

Property Taxes

Property Taxes

Parcel Number
029-071-023
Land Assessment
$2,500,000
Improvements Assessment
$19,013,000
Total Assessment
$21,513,000
  • Listing ID: 31050336

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 111 E Victoria St, Santa Barbara, CA 93101

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