For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

6865 Hollister Ave Santa Barbara, CA 93117

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Premier single-tenant Target property in Goleta, Santa Barbara County.

We can help!

Listing Contact
Bill Bauman
Source: Nmrk

Listing Agent: Bill Bauman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Goleta Target NNN-Leased Property

This is a rare investment opportunity to acquire a fee simple interest in a single-tenant, NNN-leased Target property in Goleta, Santa Barbara County. The retail asset features a newly constructed, full-size Target store totaling approximately 116,612 square feet, positioned on a 7.64-acre site. The property is secured by a 20-year lease with Target Corporation. The lease commenced just over five years ago and provides for 10% rental escalations every five years, as well as four additional ten-year renewal options. Target selected this location in 2018. Goleta is a market bolstered by demographics and a thriving economy. The city is home to the University of California, Santa Barbara, with an enrollment of 26,325 students. The property serves a trade area, encompassing the communities of Santa Barbara, Carpinteria, Montecito, Solvang, Santa Ynez, and Goleta itself, together boasting a population exceeding 153,000 residents and an average annual household income of $131,000. Goleta’s retail market generated over $1.05 billion in sales, highlighting the area’s retail vitality.
Location Intelligence

Current Use by Public Records

CDReload at CVS Crypto Atm CDReload Instant Bitcoin Crypto Atm Target Grocery Grocery Store Target Department Store Target Optical Optometrist

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Target Grocery, Albertsons, Indo China Market Goleta

Location Insight

  • Map
  • Local Demand
City
Santa Barbara
County
Santa Barbara
State
California
Longitude
-119.8677945
Latitude
34.4292257

FAQs

What type of property is this?
Grocery and convenience store - Premier single-tenant Target property in Goleta, Santa Barbara County.
Where is this grocery and convenience store located?
The property is located at 6865 Hollister Ave Santa Barbara, CA.
What are key features of this property?
This property features: - Long-term (20-year) NNN lease with Target Corporation, providing stable and passive income.; - Located in Goleta, a highly desirable coastal community within Santa Barbara County.; - **Newly constructed, full-size Target store (approximately 116,612 square feet) on a 7.64-acre site.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message