530 Chapala Street & 25 West Cota Street

For Sale

530 Chapala St, Santa Barbara, CA 93101

This Santa Barbara property for sale is located at 530 Chapala St. The current listed sale price for 530 Chapala Street & 25 West Cota Street is $14,350,000. 530 Chapala Street & 25 West Cota Street is situated on a lot that is 0.21 acre in size.

Contacts

broker

Caitlin McCahill Hensel

Hayes Commercial Group

(805) 898-4374

broker

Kristopher Roth

Hayes Commercial Group

(805) 898-4361

Property Details

  • Property Type Office - Creative Office
  • Property Size 18,792 SF
  • Lot Size 0.21 Acre
  • Parking Spaces Avail. 15
  • Parking Ratio 0.80 / 1,000 SF
  • Date Updated Mar 13, 2024

This unique offering consists of two interconnected, newly constructed* buildings on separate parcels, at the busy corner of Cota and Chapala Streets in the heart of downtown Santa Barbara. The asset has recently undergone a $1.7 million, state-of-the-art buildout and is NNN-leased to Sonos (NASDAQ: SONO), and subleased to Honey Science (which was purchased by Paypal for $4 billion — see page 7 for details). Features include high ceilings, open floor plans, distinctive architecture, and a large rooftop patio with expansive views of the ocean, city and mountains. Each structure maintains its own building systems and APN. Formerly “Dal Pozzo Tires” and “The Hendry’s Building”, both Spanish Revival and Contemporary Industrial architecture have been incorporated to pay homage to the rich history of these buildings.

Occupancy: 100%

Master Tenant: Sonos (NASDAQ: SONO)

Subtenant: Honey Science Corp (PayPal announced a $4 billion acquisition of Honey)

NOI: Approximately $650,599

Lease Terms: NNN Lease

Site Area: 19,167 SF (APNs: 037-171-01 and 037-171-11)

Frontage: 100± ft along Chapala St, 200± ft along Cota St and 100± ft along Fig Ave

Floors: Two floors on Chapala and three floors on Cota

Year built: 2016 & 2017

Elevator: 25 W Cota St is elevator served

Zoning: M-C

Parking: 15 spaces total, 4 covered. Parking spaces available for rent in city-owned lots and several private lots nearby

 

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Getting around

  • 97/100

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  • 51/100

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  • 99/100

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Location

  • City Santa Barbara, CA
  • Neighborhood Lower State
  • Zip Code 93101
  • Market Central Coast

Points of Interest

  • Santa Barbara

    0.34 miles

  • Zoo Train

    1.84 miles

  • Goleta

    8.45 miles

  • Chevron

    0.44 miles

  • Santa Barbara Gas

    0.45 miles

  • ChargePoint

    0.59 miles

  • ChargePoint

    0.70 miles

  • eVgo

    0.70 miles

  • Arco

    0.99 miles

  • Fuel Depot

    1.81 miles

  • ChargePoint

    2.54 miles

  • Chevron

    3.37 miles

  • True Zero

    3.38 miles

  • City Lot #10

    0.18 miles

  • City Lot #12

    0.22 miles

  • Cota Commuter Lot

    0.25 miles

  • Santa Barbara Historical Society Parking

    0.30 miles

  • City Lot #2

    0.35 miles

  • Ralphs

    0.44 miles

  • City Lot #3

    0.47 miles

  • City Lot #8

    0.47 miles

  • Carrillo Commuter Lot

    0.55 miles

  • City Lot #4

    0.55 miles

  • Hotel Santa Barbara

    0.06 miles

  • Holiday Inn Express Santa Barbara

    0.10 miles

  • The Wayfarer

    0.32 miles

  • Canary, a Kimpton Hotel

    0.39 miles

  • Hotel Indigo Santa Barbara

    0.42 miles

  • Eagle Inn

    0.44 miles

  • Brisas Del Mar, Inn At The Beach

    0.45 miles

  • Franciscan Inn

    0.49 miles

  • Avania Inn of Santa Barbara

    0.49 miles

  • Franciscan Inn

    0.49 miles

  • Paseo Nuevo Mall

    0.24 miles

  • Nordstrom

    0.26 miles

  • Smart&Final

    0.33 miles

  • Marshalls

    0.34 miles

  • Santa Cruz Market

    0.38 miles

  • Tino's Italian Grocery

    0.44 miles

  • Presidio Liquor Market and Deli

    0.75 miles

  • Chapala Market

    0.95 miles

  • Trader Joe's

    1.07 miles

  • Foodland Market

    1.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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