50 Castilian Dr, Goleta, CA 93117
- Office buildings
- 3.35 lot acres
Current Use by Public Records
- Office buildings
Property Details for 50 Castilian Dr
- Lot size
- 3.35 lot acres
- Property type
- Office buildings
- APN
- 073-330-019
- APU
- 73330019
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 6, 2022 | $13,900,000 | Mst Global LLC | Castilian 50 LLC | Ground Lease · related | — |
| Jan 8, 2021 | — | Castilian 50 LLC | — | Deed | $26M · Bsprt Cre Fin LLC |
| Dec 6, 2019 | $35,725,500 | 50 Castilian Drive LLC | Nassau Land Company LP | Grant Deed | $34k · Citizens Bank NA |
| May 29, 1998 | — | Nassau Land Co LP | Nassau Land Co LP | Quit Claim Deed · related | — |
| Aug 17, 1994 | — | Nassau Land Co LP | Towbes,michael | Grant Deed · related | — |
| — | — | Castilian 50 LLC | — | Deed Of Trust | $26M · Bsprt Cre Fin LLC |
Description
This exceptional office and R&D building, situated within the Castilian Creative Campus in Goleta's thriving technology hub, offers a total of 43,655 square feet of versatile space. Ideally located near US 101, Santa Barbara Airport, and UCSB, this property boasts convenient access to major transportation routes and numerous amenities. The building features two floors, each independently leasable: a 21,160 square foot first floor and a 22,495 square foot second floor. The space is currently vacant and available immediately. To facilitate a smooth transition for new tenants, the lobby, restrooms, showers, and kitchen/break areas have already been upgraded. The asking rate is $1.72 NNN (.81). A master lease is in place, expiring February 28, 2032, with an eight-year term available. Tenant improvement allowances are negotiable. Building amenities include a new elevator, prominent monument and building signage, and modern men's and women's restrooms on each floor, with showers conveniently located on the first floor. The possibility of adding a roll-up door for R&D or lab use can be explored. The property's APN is 073-330-019, and its cross street is Cortona Dr. This is a single-tenant occupancy property.
Value Estimations
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- Method
- Estimation
- Statistic approach
- Off market
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Location Insight
- Map
- Local Demand
- City
- Goleta
- County
- Santa Barbara
- State
- California
- Longitude
- -119.864
- Latitude
- 34.4345
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
