Single-Tenant NNN
For Sale
$4,300,000
7 E Anapamu St, Santa Barbara, CA 93101
Single-tenant NNN restaurant with ADA compliance, fire sprinklers, and a rear patio built for group seating.
Property Size2,250 SF
Price / SF$1,911
Days on Market178
Property Features for 7 E Anapamu St
General Information
Standard status
Active
Size
2,250 SF
Additional Details
Cap Rate
5.85%
Sprinkler System
Yes
Amenities
large rear patio
seating for 66
exquisite perimeter stonework
imported olive tree planters
stylish sconces
string lighting
fireplace
Building Details
Tenancy
Single
Listing Agency:
Berkshire Hathaway HomeServices California Properties
(805) 969-5026
Listed By:
Mitch Stark · License #01196532
(805) 689-2429
Source:
Exprealty
Added: Mar 16
Changed: Aug 21
Last Checked: Sep 8 at 11:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties
Investment Insights
Based on property information with market context.
This single-tenant NNN leased restaurant has been substantially remodeled, transitioning from the former Arts and Letters Café into a design-forward space. The interior includes dramatic white-washed ceilings, quartz flooring, a 10-person bar, and an intimate dining area. The property is presented as fully ADA compliant and fire sprinklered.
A standout feature is the large rear patio with seating for 66, supported by perimeter stonework, imported olive tree planters, stylish sconces, string lighting, and a fireplace. The location is in Santa Barbara’s Arts District near the Granada and Arlington theaters.
The offering is presented as a leased investment with a stated 5.85% cap rate.
A standout feature is the large rear patio with seating for 66, supported by perimeter stonework, imported olive tree planters, stylish sconces, string lighting, and a fireplace. The location is in Santa Barbara’s Arts District near the Granada and Arlington theaters.
The offering is presented as a leased investment with a stated 5.85% cap rate.
Key Highlights
- Single‑tenant NNN leased restaurant investment with stated 5.85 cap
- Approx. $4M remodel transformed the former Arts and Letters Cafe into a restaurant concept
- ADA compliant and fire sprinklered
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
6,732
Businesses Nearby
233k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 26%
Groceries 20%
Shops & Services 16%
Leisure 16%
Ralphs
Groceries
46,819 visits/mo
0.3 miles
Marshalls
Apparel
37,135 visits/mo
0.3 miles
Metropolitan Fiesta 5 Theatre
Leisure
27,969 visits/mo
0.3 miles
Rusty's Pizza Parlor
Dining
12,585 visits/mo
0.4 miles
Wells Fargo
Shops & Services
12,320 visits/mo
0.2 miles
Demographics for 93101, CA
30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant NNN restaurant with ADA compliance, fire sprinklers, and a rear patio built for group seating.
Where is this conventional restaurant located?
The property is located at 7 E Anapamu St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Single‑tenant NNN leased restaurant investment with stated 5.85 cap; Approx. $4M remodel transformed the former Arts and Letters Cafe into a restaurant concept; ADA compliant and fire sprinklered
