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111 E Victoria St
Santa Barbara, CA 93101
UCLA Health - Santa Barbara, CA · Office Property For Sale
Investment Highlights
- UCLA Health is ranked the #1 Health System in California
- Brand New Trophy UCLA Investment | This site will serve as a flagship cancer treatment center for Santa Barbara and neighboring communities
- Extensively Renovated State of the Art Building ~$8 million in renovations is being spent in improving the interior of the property
- “AA” Investment Grade Credit Tenant | The Regents of The University of California holds an “AA” credit rating from S&P/Fitch
- UCLA executed a long-term NNN lease, providing passive cash flow and wealth security for both local and out of state investors
- Recession Proof Operator & Investment & Property Tax Exemption
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
| Parcel Number | 029-071-023 | Improvements Assessment | $19,013,000 |
| Land Assessment | $2,500,000 | Total Assessment | $21,513,000 |
Property Taxes
Parcel Number
029-071-023
Land Assessment
$2,500,000
Improvements Assessment
$19,013,000
Total Assessment
$21,513,000
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