25 Cota StSanta Barbara, CA 93101

This unique, recently constructed building at the corner of Cota and Fig Streets in downtown Santa Barbara offers 13,971 square feet of creative office space. The contemporary industrial design features high ceilings, open floor plans, and distinctive architecture, paying homage to the building's rich history. The property includes a 2,500 square foot rooftop patio with stunning views of the Mesa, Riviera, and a glimpse of the ocean. Ample parking is provided with 4 gated, covered, and secure spaces. An elevator is also available. The building is zoned M-C and sits on a 10,019 square foot lot with approximately 100 feet of frontage on both Cota and Fig Streets. The asking price is $8,725,000. The building is currently partially occupied by a tenant (Sonos sublease to Paypal) with a lease expiring October 27, 2025. The net operating income (NOI) is approximately $38,686 per month. The potential for adding loading is also present. Each floor has its own restroom. The building is comprised of three floors with varying square footage and lease rates: First floor (7,128 SF) at $3.15 NNN, second floor (5,433 SF) at $2.75 NNN, and third floor (1,410 SF) at $3.15 NNN. An adjacent 7,037 square foot building is also available for sale or lease, separately or together.