Description
Single Tenant NNN Leased Investment! Prime downtown Santa Barbara location adjacent to the Granada Theater, & near many successful well established full servicerestaurants. Tenant/Operator is arguably one of the top restauranteurs in the SB area with approximately 20 years experience in this market with his Olio e Limone restaurant located around the corner from this building. This new Sicilian concept (Bedda Mia) is a true winner, featuring southern Italian cuisine that is both dynamic and unique. The restauranteur has invested significant capitalinto the space to create a beautiful interior setting & an experience that is a real crowd pleaser (4.5 stars on Yelp), & one that rivals the best restaurants in Santa Barbara County.4% cap w/ 4.5 years left on lease w/ annual rent increase
Location
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Courtesy of: Berkshire Hathaway Home Services California Properties Listing information provided courtesy of the Santa Barbara MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 5th July, 2022 2:57 AM (UTC)
