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Leased Industrial Bldg | 5.21% Cap Rate 5940 Matthews St 5,000 SF Industrial Building Goleta, CA 93117 $2,650,000 ($530/SF) 5.21% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Cap rate: 5.21% on existing NOI.
  • Lease type: Triple net.
  • Tenant: Angel's Auto Repair.
  • Lease expiration: January 1, 2030.
  • Options: fixed rent; no options.
  • Two restrooms (one with a shower).

EXECUTIVE SUMMARY

LEASED INDUSTRIAL BUILDING FOR SALE | 5.21% CAP RATE
Rare, heavy industrial building currently leased to an automotive user. Rare ceiling heights, three large bay doors, gated parking, concrete lot, phase 3 power, and offices in a high demand purchase and leasing market. Less than one mile to Goleta Beach and the Santa Barbara airport. Please don’t disturb the tenant and contact the listing agents for access.

PROPERTY FACTS

Price $2,650,000
Price Per SF $530
Sale Type Investment
Cap Rate 5.21%
Property Type Industrial
Property Subtype
Manufacturing
  • General Retail Auto Repair
  • General Retail Service Station
  • Industrial Service
Building Class B
Lot Size 0.19 AC
Rentable Building Area 5,000 SF
No. Stories 1
Year Built 1975
Tenancy Single
Parking Ratio 0.98/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 3
Zoning General Industrial

AMENITIES

  • Signage
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
071-152-008
Land Assessment
$450,743
Improvements Assessment
$434,278
Total Assessment
$885,021
  • Listing ID: 38476974

  • Date on Market: 11/17/2025

  • Last Updated:

  • Address: 5940 Matthews St, Goleta, CA 93117

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