Property profile

900 Embarcadero Del Mar Downstairs 900 Goleta, CA 93117

OFF-MARKET
Commercial real estate
3,026 SF 0.19 ac lot
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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

Location

900 Embarcadero Del Mar Downstairs 900 Goleta, CA 93117
Goleta metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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