Creative Office Building
For Sale
Contact for pricing
90 Castilian Dr, Goleta, CA 93117
Creative office building offered as a leasehold interest, 100% NNN leased through February 2032.
Property SizeContact for details
Days on Market121
Property Features for 90 Castilian Dr
General Information
Standard status
Active
Property subtype
Office
Listing Agency:
Hayes Commercial Group
(805) 898-4365
Listed By:
Francois DeJohn · License #CA01144570
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 11:59PM
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 Hayes Commercial Group
Investment Insights
Based on property information with market context.
This creative office building offers a rare chance to acquire the leasehold interest in a 35,960-square-foot property. The building is 100% NNN leased to AppFolio through February 2032, with the leasehold structured to provide cash flow backed by that tenant.
The property also includes a favorable ground lease with approximately 98 years of term remaining. The offering is focused on the leasehold interest, rather than a standard fee-simple purchase.
For investors and long-term buyers evaluating NNN-backed income, this configuration pairs a long-dated tenant lease with an extended ground-lease term, with the credit profile tied to the named tenant.
The property also includes a favorable ground lease with approximately 98 years of term remaining. The offering is focused on the leasehold interest, rather than a standard fee-simple purchase.
For investors and long-term buyers evaluating NNN-backed income, this configuration pairs a long-dated tenant lease with an extended ground-lease term, with the credit profile tied to the named tenant.
Key Highlights
- 35,960 SF creative office building offered as a leasehold interest in Goleta
- 100% NNN leased to AppFolio through February 2032
- Lease provides secure cash flow from a publicly traded, credit tenant (AppFolio)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Explore this area
Business Placement
Demographics for 93117, CA
53,430
Population
18,208
Households
2.9
Avg Household Size
28
Median Age
49%
College-Educated
90%
High-School Grad
168.1 sq mi
ZIP Area
318
Density / Sq Mi
$85,711
Median Household Income
$28,542
Median Earnings
$1,980
Median Rent
$1,021,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Creative space - Creative office building offered as a leasehold interest, 100% NNN leased through February 2032.
Where is this creative space located?
The property is located at 90 Castilian Dr Goleta, CA.
What are key features of this property?
This property features: 35,960 SF creative office building offered as a leasehold interest in Goleta; 100% NNN leased to AppFolio through February 2032; Lease provides secure cash flow from a publicly traded, credit tenant (AppFolio)
