Technical
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Property profile

710 State St Santa Barbara, CA 93101

FOR LEASE
Investment properties
Property ID
US09-1416938
0.49 ac lot
Individually Owned 34-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A retail property, located at 710 State Street in Santa Barbara, CA 93101, offers 8,812 square feet of completely vacant space. Boasting a highly desirable downtown location in the heart of the business and retail districts, this fully turn-key space features high ceilings, abundant natural light from large windows and skylights, a modern HVAC system, and private restrooms. A spacious rear area provides ample room for office space or storage. The property benefits from over 50 feet of State Street frontage, ensuring exceptional visibility and attracting significant foot traffic. A rear entrance/exit provides convenient access to a reserved private parking lot (23 spaces) and facilitates easy deliveries, a rare commodity in downtown Santa Barbara. This prime location is surrounded by popular restaurants, breweries, cafes, and shopping, including the Paseo Nuevo shopping center, the Funk Zone, the Presidio Neighborhood, the Moxi Children's Museum, and the newly developed La Entrada. The property's co-tenants include well-known brands such as Blenders in the Grass, Banana Republic, McConnell's Fine Ice Creams, and Lululemon Athletica. The address encompasses 710-720 State Street and 15-19 East Ortega Street, placing it within the coveted "Central State Street" district, flanked by Paseo Nuevo and Pavilion Shopping malls and the historic El Paseo. This ensures maximum exposure in one of Santa Barbara's most sought-after shopping areas. The property includes five retail spaces, one national anchor tenant, and desirable second-floor office space overlooking State Street.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.49 ac (21,344 SF)
APN 037-092-013
UPID US09-1416938

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
  • Furniture & Home Goods Home Decor Store

Location

710 State St Santa Barbara, CA 93101
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$580k

Owner & transaction history

since 1992
7 recorded transactions
2016
Price N/A
2008
Price N/A
1996
Price N/A
1992
Price N/A
1969
Price N/A
1969
Price N/A
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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