402 N Milpas St | Santa Barbara, CA 93103
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402 N Milpas St
Santa Barbara, CA 93103
Starbucks | Santa Barbara, CA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New Single-Tenant Corporate (NASDAQ: SBUX; S&P: BBB+) Starbucks Café
- Strategically-Located, Café-Only Location that Aligns with the Company’s Mission to Restore the Café Culture and Revive the Guest Experience
- High-Barriers-to-Entry Coastal Location: Rare Santa Barbara real estate with long-term appreciation value
- New 10-Year Lease
- To Reinvigorate the Experience, Starbucks is Testing a New Store Model That Considers Expanded Seating Options Catering to Work and Socialization
- 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
PROPERTY FACTS
Property Type
Retail
Property Subtype
Local Shop
Property Size
2,149 sq ft
Costar Property Class
B
Year Built
2013
Tenancy
Single
Number of Floors
1
Plot ratio
0.19
Total Plot Size
0.26 ac
Use Class
C2 - Commercial
Parking
15 Spaces (6.98 Spaces per 1,000 sq ft Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalised Intersection
PROPERTY TAXES
| Parcel Number | 031-311-027 | Improvements Assessment | £653,723 |
| Land Assessment | £1,133,623 | Total Assessment | £1,787,345 |
PROPERTY TAXES
Parcel Number
031-311-027
Land Assessment
£1,133,623
Improvements Assessment
£653,723
Total Assessment
£1,787,345
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MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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