1001 State St
Santa Barbara, CA 93101
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Year 1 Cap Rate: 4.57%; 10-Year Avg. Cap Rate: 5.02%
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
48,564 SF
Building Class
A
Year Built/Renovated
1960/2019
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
16,188 SF
Building FAR
1.14
Lot Size
0.98 AC
Zoning
C-2 - General Commercial
Parking
35 Spaces (0.72 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Skylights
- Kitchen
- Air Conditioning
ABOUT 1001 STATE ST , SANTA BARBARA, CA 93101
Single tenant Net Lease investment opportunity. New 10 year corporate guaranteed lease. Irreplaceable landmark building on State Street in the heart of downtown Santa Barbara. Confidentiality agreement required: contact Listing Agents for details.
PROPERTY TAXES
| Parcel Number | 039-281-045 | Improvements Assessment | $27,830,700 |
| Land Assessment | $9,883,800 | Total Assessment | $37,714,500 |
