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    6865 Hollister Ave Goleta, CA 93117
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    Property profile & analytics

    6865 Hollister Ave, Goleta, CA 93117

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    • Strip malls
    • 66,900 SF
    • 7.64 lot acres
    Goleta Target NNN-Leased Property For Sale
    $20,000,000
    116,612 SF

    Goleta Target NNN-Leased Property

    Premier single-tenant Target property in Goleta, Santa Barbara County.

    6865 Hollister Ave, Goleta, CA 93117
    View Listing
    Property ID
    US09-2681184
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    5.2%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 6865 Hollister Ave

    Lot size
    7.64 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    073-100-037
    APU
    73100037

    Description

    This exceptional retail opportunity presents a 134,101 square foot shopping center strategically located in Goleta, California, just eight miles west of Santa Barbara. The center boasts a strong tenant mix and features seven suites, with 16,369 square feet currently available for lease. Spaces range from a minimum of 1,120 square feet to a maximum contiguous space of 5,351 square feet, offering flexibility for various retail concepts. The property sits on a generous 8.87-acre lot, providing ample parking and visibility. Goleta's robust economy is highlighted by average household incomes exceeding $110,000 within a one-mile radius, creating a highly desirable consumer base. The center benefits significantly from its proximity to the University of California, Santa Barbara, with its student population exceeding 24,000. This substantial student demographic provides a consistent and significant source of foot traffic. Furthermore, the center enjoys excellent accessibility, with convenient access to both Highway 1 and Highway 101, ensuring high visibility and ease of access for customers and employees alike. This is a rare opportunity to secure retail space in a thriving, high-traffic location with a proven track record of success. The Target anchor tenant further enhances the property's appeal and draws a substantial customer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $20,000,000
      ML approach
      $20,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $17,465,000
      6.5%
      $16,125,000
      7%
      $14,970,000
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $17,485,000
      COMMERCIAL (GENERAL)
      $16,545,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Goleta
    County
    Santa Barbara
    State
    California
    Longitude
    -119.868
    Latitude
    34.4292
    CBSA code
    42200
    CBSA name
    SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $241,507
    $16,342,062
    $5,429,950
    $21,772,012
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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