719 Bond Avenue, SANTA BARBARA, CA 93103
$3,375,000
Property Type:
Commercial Sale
Square Footage:
7,000
Status:
Closed
Current Price:
$3,375,000
List Date:
4/26/2021
Last Modified:
9/17/2024
Description
This purpose built 79 unit mini-storage building is unlike any other in Santa Barbara. Currently owned and operated by Honor Storage this investment provides an owner with predictable NNN returns in the heart
of Santa Barbara.
Honor Storage Leaseback Information:
• 5 Years From Close of Escrow
• 2–5 Year Options to Extend
• AIR Single Tenant NNN Lease
• $13,000/Month NNN ($1.86/SF)
• 2% Annual Increases
• Personal Guaranty from the Principals of Honor Storage
More Information MLS# 21-1485
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P12
Cross Street: N Quarantina St.
District: 15 - SB/EAST OF STATE
Street #: 719
Street Name: Bond
Street Suffix: Avenue
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 031-231-014
Contract Info
Buyers Agent $/%: 2.5
Current Price: $3,375,000
Price: 3450000
Begin Date: 2021-04-26
Status: Closed
Property Information
For Sale/Lease: For Sale
#Offices: 1
TYP: Business
Total SqFt.: 7000
Owner Info
Deposit: 103500
Remarks
Hot Sheet Comment: new
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Status Change Info
Sold Date: 2021-06-10
Sold Price: $3,375,000
Under Contract Date: 2021-05-08
Property Features
Zoning: Other
Terms: Cash; Conventional
Listing Type: ER
Documents
Flyer ›
Listing Office:
Radius Group Commercial R.E.
Last Updated: September - 17 - 2024
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