803-819 De La Guerra St Santa Barbara, CA 93101
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.