Property Listing No Longer Available for Sale

1936 State St, Santa Barbara, CA

Retail for Sale - $5,200,000


Property Info

CIMLS#884373
Location
  1936 State St
  Santa Barbara CA 93101
UpdatedMay 8th, 2016
TypeRetail
Price$5,200,000

Property Description

Email broker for full OM.<br />

<br />

Condor Commercial is proud to present a fantastic opportunity to acquire a brand newer construction, with 7-Eleven and Subway as the sole tenants. This asset is located on 1 of the most beautiful and affluent areas of Santa Barbara.<br />

<br />

This triple net investment features prominent retailers 7-Eleven and Subway, both corporate guaranteed. The property is 100% occupied and priced on current in-place income. Both leases are corporate guaranteed and have built in rent increases and NNN, which provides ease of management and simplicity of ownership.<br />

<br />

This historic State Street location is on the signalized corner of State Street and E. Mission Street. State Street is home to numerous world chain retailers and 25,300 CPD. This property offers investors the rare chance to own a once in a lifetime asset in the wonderful city of Santa Barbara.<br />

<br />

View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4209467726-1662u1097,100-0F2BE7D5FDE3/realestate.oodle.com___V684v0MFxw5kawkqbThWfsD0uw2YdD0g1fZNJIf3zN8DmezMY3aklhZluQWD15_BSQqvCZI0h1AgV-rf3EWn5n8-0tKiVQPs9Fq0qH4Z4KP87Xq38OL1IZ5GECcSsdsWRgQhMumpLok," rel="nofollow">here</a>


Financials