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- LoopNet Team
900 State St
Santa Barbara, CA 93101
Marshalls · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
- Tenant Controlled HVAC
ABOUT 900 STATE ST , SANTA BARBARA, CA 93101
$600,000 Price Reduction! Santa Barbara Marshalls offers an investor the opportunity to acquire a rarely traded commercial property centrally located on the vibrant retail corridor of State Street in the heart of downtown Santa Barbara, CA. The single-tenant, NNN-leased property offers a current stable cash flow with a 10-year extension, ease of management and pride of ownership at a price that is substantially below replacement cost and a current lease that is substantially below market. This landmark property consists of 38,015 SF of building GLA on 0.50 acres at the signalized intersection of State Street and Canon Perdido Street. The property provides over 80 feet of frontage on State Street, a very popular pedestrian shopping destination across from Paseo Nuevo Shopping Center, anchored by Nordstrom. Popular national retailers such as Apple, Forever 21, H&M and Anthropologie are located nearby on State Street. PLEASE REVIEW OUR MARKETING BROCHURE FOR THE MOST ACCURATE DETAIL ABOUT THIS OFFERING.
PROPERTY TAXES
| Parcel Number | 039-322-050 | Improvements Assessment | $13,668,375 |
| Land Assessment | $3,800,172 | Total Assessment | $17,468,547 |
PROPERTY TAXES
