hayes commercial group brochure v2 - loopnet · 2017. 10. 30. · hayes commercial group brochure...
TRANSCRIPT
222 E. Carrillo Street, Suite 101, Santa Barbara, California 93101 | HayesCommercial.com
for salefree standing retail/office building in downtown santa barbara
1428 chapala stsanta barbara, ca
The information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee i t. 10/26/17
Dan [email protected]. 00885073
Kristopher [email protected]. 01482732
Experience. Integrity. Trust.Since 1993
222 E. Carrillo Street, Suite 101, Santa Barbara, California 93101 | HayesCommercial.com
Free-standing fully-leased office/retail building on highly trafficked street in downtown Santa Barbara near South Coast Deli, The Public Market and Highway 101. The property, built in 1956, features an architecturally appealing entry and efficient layout that provides an inviting space for its long-standing tenant, Darin Jon Studios, and creates flexibility for future leasing.
OFFERING SUMMARY
Price: $895,000 ($530 psf )
Cap Rate: Approx. 4.8% (tenant pays increase in taxes over base year)
Address: 1428 Chapala St, Santa Barbara
Building Size: 1,688 sf
Land Size: 1,742 sf
Parking: Three spaces in shared lot, private and street parking nearby
Zoning: C-2
Tenant: Darin Jon Studios
Existing Rent: $4,233.41 Mod GR
Utilities: Tenant pays all utilities
Rent Increases: CPI, next increase 11/1/2018
Lease Start: 7/31/2002
Lease Expiration: 10/31/2019
Options: Two 1-year options at CPI
HVAC: Maintained by tenant
Inspections: CLA for reports
To Show: CLA. Do not disturb tenant
The information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee i t. 10/26/17
Dan [email protected]. 00885073
Kristopher [email protected]. 01482732
Experience. Integrity. Trust.Since 1993
222 E. Carrillo Street, Suite 101, Santa Barbara, California 93101 | HayesCommercial.comThe information contained herein has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee i t. 10/26/17
Dan [email protected]. 00885073
Kristopher [email protected]. 01482732
Experience. Integrity. Trust.Since 1993
SITE
AREA OVERVIEWPaseo Nuevo
Public Market
Arlington Theatre
South Coast Deli
Granada Theatre
AMENITIES within two blocks
• Bill’s Copy Shop• Cantwell’s Market• Carlitos Cantina• Chase Bank• Community West Bank• Jane Restaurant• Opal Restaurant• Public Market• Santa Barbara Yoga Center• South Coast Deli• Upham Hotel/Louie’s Bistro