402 N Milpas St - Retail FOR SALE
Santa Barbara, CA 93103 |
402 N Milpas St
Santa Barbara, CA 93103
HIGHLIGHTS
- New Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café
- New 10-Year Lease
- Strategically-Located, Café-Only Location that Aligns with the Company’s Mission to Restore the Café Culture and Revive the Guest Experience
- To Reinvigorate the Experience, Starbucks is Testing a New Store Model That Considers Expanded Seating Options Catering to Work and Socialization
- High-Barriers-to-Entry Coastal Location: Rare Santa Barbara real estate with long-term appreciation value
- High-Traffic Location and Phenomenal Walk Score: 36,000 cars per day at N Milpas Street and E Gutierrez Street and walk score of 94 out of 100
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Starbucks | Santa Barbara, CA
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
2149
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
031-311-027
