for lease sale - loopnet · 2018-08-15 · fr lease r sale ollister ve, oleta | , sf ˜ced ildin on...

222 E. Carrillo Street, Suite 101, Santa Barbara, California 93101 | HayesCommercialGroup.com

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. 8/15/18

Francois [email protected]. 01144570

Steve [email protected]. 00827640

Kristopher [email protected]. 01482732

FOR LEASE OR SALE 5385 Hollister Ave, Goleta | 21,504 SF Office/R&D Building on approx. 4.73 acres

SUBJECT





5385 Hollister Ave, Goleta | 21,504 SF Office/R&D Building on approx. 4.73 acresFOR LEASE OR SALE

222 E. Carrillo Street, Suite 101, Santa Barbara, California 93101 | HayesCommercialGroup.com 2

Property OverviewSituated just off Patterson Ave in the Pacific Technology Center and adjacent to Cottage Hospital and Santa Barbara Corporate Center. This is a unique opportunity to lease a 21,504 square foot office / R&D building with 6.65/1000 parking with an option to purchase and excess land to develop. Owner will also consider a sale, subject to processing a lot split.

LEASE TERMS

Project Name: Pacific Technology CenterBuilding: 1 / 8 Size: 21,504 SFLease Rate: $1.45 NNN (.42)Utilities: $0.27 per SFLandlordImprovements: Landlord to replace roof and

HVAC units (not distribution), and paint exterior. Parking lot recently redone

TIA: $40/SFTotal Project SF: Approx. 65,000 SFExcess Land: 140,875 SFLand Rate: $0.20 psfTerm: 5-10 yearsAvailable: NowZoning: P-IParking: Approximately 6.65/1000 after

parking easement for 50 spaces that will benefit 5383 Hollister

Parking

Park

ing

Parking

8 9 10 11 12 13 14

1 2 3 4 5 6 7







Floor Plan, Site Plan and Sale TermsSALE TERMS

Lease with option to purchase price: $8,700,000*Purchase price without lease: $9,400,000**

* Sale of property conditioned and subject to a lot split with the City of Goleta, for which the Buyer will be solely responsible.** Price determined by adding costs the Seller would incur while holding the building vacant during the lot split process.

Existing Building

21,504 SF

Potential Office/ Industrial Building

with Mezzanine

First floor: 21,060 SFMezzanine: 9,626 SF

Total: 30,686 SF SUBJECT

MORE RD PATTERSON AVE

MENTOR DR

EKW

ILL

ST







Potential Development

PTCPTC

Santa Barbara Airport

UCSB

Goleta Beach

301 Mentor Dr5425

Hollister

5383Hollister

Goleta ValleyCottage Hospital







for lease sale - loopnet · 2018-08-15 · fr lease r sale ollister ve, oleta | , sf ˜ced ildin on...

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