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Penthouse Office Units with Private Deck
New
For Lease
$4,309/Mo

Third 740 State St, Santa Barbara, CA 93101

Third-floor office suites pair abundant daylight with a dedicated outdoor deck oriented toward State Street.

Space SizeContact for details
Days on Market4

Property Features for Third 740 State St

General Information

Standard status Active
Property subtype Office
Listing Agency: Santa Barbara
Listed By: Austin Herlihy
Source: Colliers
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 22 at 3:28AM

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 Santa Barbara

Investment Insights

Based on property information with market context.

Office units occupy the third floor and are described as penthouse space in downtown Santa Barbara. The suites feature a private outdoor deck oriented toward State Street, along with broad glass windows that bring natural light into the interiors.

The property is located at 740 State St., directly across from Paseo Nuevo and the downtown shopping corridor. Restaurants and shopping surround the area, placing the office space within an established central business setting. The combination of elevated floor placement, outdoor space, glazing, and a downtown address defines the offering.

Key Highlights

  • Third‑floor penthouse office units
  • Private deck oriented toward State Street
  • Broad glass windows provide natural light

Property Analytics

Current Use

Master Writer Inc (Bike/Boat/Book/etc) Store Santa Barbara City ... Law Firm Joyce's Dumpster Rental ... General Contractor lululemon (Bike/Boat/Book/etc) Store Salt Cave Santa ... Alternative Medicine Practice

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Tanning Salon Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

6,836
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Third-floor office suites pair abundant daylight with a dedicated outdoor deck oriented toward State Street.
Where is this office units located?
The property is located at Third 740 State St Santa Barbara, CA.
What is the lease rate?
The lease rate is $4,309/Mo.
What are key features of this property?
This property features: Third‑floor penthouse office units; Private deck oriented toward State Street; Broad glass windows provide natural light
More about this property
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