Technical
Financial
Distress signals
Property profile

6865 Hollister Ave Goleta, CA 93117

FOR LEASE
Strip malls
Property ID
US09-2681184
66,900 SF 7.64 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Total area 66,900 SF
Lot 7.64 ac (332,798 SF)
APN 073-100-037
UPID US09-2681184

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Crypto Atm
  • Crypto Atm
  • Grocery & Convenience Store Food Market
  • Department Store
  • Physician

Location

6865 Hollister Ave Goleta, CA 93117
Goleta metro Census 2933 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$20.00M
CAP Approach CAP
$16.13M
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.00M

Owner & transaction history

since 2024
Last sale
$20.0M
6 recorded transactions
2025
Price N/A
2024
Price N/A
2017
$20.0M
2017
Price N/A
2008
$9.0M
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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