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Retail Building with NNN Lease
For Sale
$5,375,000

917 State St, Santa Barbara, CA 93101

Two-story retail building occupied by Tilly's with 14-year history.

Property Size8,680 SF
Price / SF$619.24
Days on Market663

Property Features for 917 State St

General Information

Standard status Active
Size 8,680 SF
Property subtype Commercial

Building Details

Year Built 1999
Listing Agency: Hayes Commercial Group
Listed By: Caitlin Hensel · License #CA01893341
Source: Santabarbarahomesearcher
Added: Nov 19, 2024 Changed: Sep 9 Last Checked: Sep 13 at 11:34AM

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 is a two-story retail building featuring a NNN lease. The property is currently occupied by Tilly's, which has been operating at this location for 14 years. The property has a size of 8680 square feet.

Key Highlights

  • NNN Lease offering a simplified investment.
  • Occupied by Tilly's, a well‑known retailer.
  • Tilly's has a strong 14‑year operating history at this location.

Property Analytics

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Current Use

Tillys Clothing Store

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

7,003
Businesses Nearby
324k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 23% Groceries 21% Shops & Services 16% Leisure 14%
Ralphs Groceries
46,819 visits/mo 0.2 miles
Marshalls Apparel
37,135 visits/mo 0.1 miles
Metropolitan Fiesta 5 Theatre Leisure
27,969 visits/mo 0.1 miles
World Market Home Improvements & Furnishings
25,963 visits/mo 0.3 miles
Smart & Final Groceries
22,316 visits/mo 0.5 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two-story retail building occupied by Tilly's with 14-year history.
Where is this retail space located?
The property is located at 917 State St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $5,375,000.
What are key features of this property?
This property features: NNN Lease offering a simplified investment.; Occupied by Tilly's, a well‑known retailer.; Tilly's has a strong 14‑year operating history at this location.
More about this property
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