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Property profile & analytics
FOR LEASE
Strip malls

2034 Cliff Dr Santa Barbara, CA 93109

0.24 ac lot
Entity Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US09-1688008
Property summary
AI-generated overview

The Mesa Center, a thriving 61,049 square foot neighborhood shopping center in Santa Barbara County, presents an exceptional opportunity for retail or office tenants. Strategically located near Meigs Road, this single-story, three-building complex boasts a diverse mix of national, regional, and local tenants, including prominent anchors such as Vons and Rite Aid, along with McDonald's, Montecito Bank & Trust, and Mesa Café. Currently, 4,920 square feet of space is available, offering flexibility for businesses seeking between 1,200 and 3,450 contiguous square feet. A highly visible corner pad location is available, ideal for businesses seeking maximum exposure. This space features abundant natural light and high ceilings. The property is zoned C-P and is comprised of 19 total suites across the three buildings. The potential exists to divide the available space to accommodate two tenants. This prime location offers excellent visibility and accessibility, making it an attractive investment for a variety of businesses. The center's strong tenant mix and established presence in the community ensure a stable and successful environment for new occupants. Inquire today to explore the possibilities.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Lot 0.24 ac (10,454 SF)
APN 035-141-007
UPID US09-1688008
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
Current use
Occupant on record · Public records
  • Montecito Bank & Trust Bank Loan Service
  • Thomas Fausset Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
Levon Investments LLC · 9 yrs held
Levon Investments LLC
since 2017
1 recorded transaction
2017
$1.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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