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    OFF-MARKET
    Commercial real estate

    900 Embarcadero Del Mar Downstairs 900, Goleta, CA 93117

    3,026 SF 0.19 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,026 square foot ground floor commercial space is situated at 900 Embarcadero del Mar in Goleta, California, a highly visible corner location in Isla Vista. Boasting a prominent position on Pardall Road at Embarcadero del Mar, this property offers unparalleled visibility and signage opportunities, ideal for a dynamic restaurant or other retail businesses. The space is currently available for lease at a monthly rate of $10,000, on a modified gross lease structure. The lease term is initially for one year, with the option to transition to a month-to-month agreement thereafter. A significant advantage is the inclusion of onsite parking, a rare and valuable asset in this high-traffic area. The property's strategic location allows businesses to capitalize on the substantial pedestrian and vehicular traffic generated by the nearby University of California, Santa Barbara, with its over 24,000 students. The space is well-equipped for food service operations, featuring a pre-installed walk-in cooler and a 16-foot hood with a built-in fire suppression system. The property sits on a 0.19-acre lot. This presents a unique opportunity for a business to thrive in a vibrant and densely populated area.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,026 SF
    Lot 0.19 ac (8,276 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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