Property profile

50 Castilian 50 Dr Goleta, CA 93117

OFF-MARKET
Commercial real estate
22,495 SF
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Property summary

AI-generated overview

This exceptional 22,495 square foot office and R&D building is situated within the vibrant Castilian Creative Campus in Goleta, California. Its strategic location offers unparalleled access to major transportation arteries, including US-101 and the Santa Barbara Airport, ensuring seamless commutes for employees and clients. The property's proximity to the University of California, Santa Barbara (UCSB) and a wealth of retail amenities and shopping centers further enhances its appeal. The building is designed to offer maximum flexibility, with floors available for lease individually or as a combined space, catering to a diverse range of business needs and sizes. To facilitate a smooth transition for new tenants, the lobby, restrooms, showers, and kitchen/break areas have been thoughtfully pre-built by the previous occupant, AppFolio. Detailed floor plans are available upon request. Furthermore, opportunities exist for additional tenant improvements to be negotiated, including the potential addition of a roll-up door, ideally suited for R&D or laboratory operations. This presents a unique opportunity to secure a high-quality commercial space in a thriving technological center. The asking price is $2 million. The property is located at 50 Castilian Drive, Goleta, CA.

Property profile

Verified
Property type Commercial real estate
Total area 22,495 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

50 Castilian 50 Dr Goleta, CA 93117
Goleta metro
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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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