6555 Pardall Road, GOLETA, CA 93117
$2,025,000
Property Type:
Comm/Ofc
Baths:
1
Square Footage:
840
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$2,025,000
List Date:
5/14/2021
Last Modified:
8/31/2021
Description
Rare opportunity to acquire a NNN investment property in the core of Isla Vista's dynamic business corridor with an ''A'' rated tenant that is slated to be publicly-traded. The initial lease term is for ten years with a five-year Option to Extend and has annual increases of 3%, cumulatively. The tenant is one of the largest Cannabis companies in the State of California and is slated to be acquired by Mercer Park Brand (MRCQF) with further projections of being the largest Cannabis company in the United States.
Commercially-zoned property with spacious exterior check-in and queue area comes with an allocation of four, in lieu parking spaces in the nearby public lot.
More Information MLS# 21-1730
Location Info
District: 30 - SB/GOL SOUTH
Street #: 6555
Street Name: Pardall
Street Suffix: Road
State/Province: CA
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: E13
County: Santa Barbara
Parcel Number: 075-114-002
Cross Street: Embarcadero del Mar
Contract Info
Current Price: $2,025,000
Price: 2600000
Financing: Cash
Buyers Agent $/%: 2.5
Begin Date: 2021-05-14
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
Yr Built Remarks: Remodeled
Year Remodeled: 18
Stories: 1
#Offices: 1
#Retail: 1
Total Bathrooms: 1
Gross Sq Ft: 840
Nt Rt Sq Ft.: 840
Total SqFt.: 840
Apx Lot SqFt: 4356
Apx # Acres: 0.1
Owner Info
Deposit: 3
Remarks
COVID Showing Remarks: Offers subject to inpsection at which time all guidelines and procedures shall be met.
Hot Sheet Comment: new
Status Change Info
Sold Date: 2021-08-31
Sold Price: $2,025,000
Under Contract Date: 2021-06-11
Property Features
Use: Retail/Commercial
Zoning: C-2
Tenant Pays: Heat; Elec; Gas; Wtr; Taxes; Trash; Cbl TV; Janitr; Ins; Ext Main; Int Main
Real Estates Incl: Yes
Reports: NHD
Terms: Cash
Listing Type: ER
Documents
NHD Report ›Listing Office: Century 21 Real Estate Alliance
Last Updated: August - 31 - 2021
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