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Property profile & analytics
OFF-MARKET
Neighborhood centers

803-819 De La Guerra St Santa Barbara, CA 93101

59,781 SF
Property ID
Property summary
AI-generated overview

The Pavilion, located at 803-819 State Street and 8-12 W. De La Guerra Street in the heart of Downtown Santa Barbara (93101), offers exceptional retail and restaurant opportunities. This 59,781 square foot strip center, part of the Paseo Nuevo mall, boasts a prime location on State Street, anchored by Paseo Nuevo movie theaters and national retailers including Zumiez, Foot Locker, and Skechers. The property features a minimum divisible space of 1,384 square feet and a maximum contiguous space of 2,928 square feet, with 8,989 square feet currently vacant. Ample parking is available, with 575 spaces within the center and over 1,110 spaces in nearby city lots. The building includes elevators for convenient access. This Santa Barbara County property presents a unique chance to establish a presence in one of California's most desirable and vibrant downtown areas. Its strategic location within the Paseo Nuevo mall ensures high foot traffic and visibility, making it an ideal investment for businesses seeking a strong foothold in the Santa Barbara market. The property is situated in the Downtown Santa Barbara submarket, offering unparalleled access to a thriving community and diverse clientele. This is a rare opportunity to secure a prominent retail or restaurant space in a highly sought-after location.

Property profile
Verified
Property type Neighborhood centers
Total area 59,781 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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