530 Chapala St & 25 W Cota St, Santa Barbara
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 recently purchased by Paypal for $4 billion — see flyer 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.