For Lease
$20.64/SF/YR

50 Castilian Dr Goleta, CA 93117

Prime Office/R&D, Flexible Lease Terms

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional office and R&D building, situated within the Castilian Creative Campus in Goleta's thriving technology hub, offers a total of 43,655 square feet of versatile space. Ideally located near US 101, Santa Barbara Airport, and UCSB, this property boasts convenient access to major transportation routes and numerous amenities. The building features two floors, each independently leasable: a 21,160 square foot first floor and a 22,495 square foot second floor. The space is currently vacant and available immediately. To facilitate a smooth transition for new tenants, the lobby, restrooms, showers, and kitchen/break areas have already been upgraded. The asking rate is $1.72 NNN (.81). A master lease is in place, expiring February 28, 2032, with an eight-year term available. Tenant improvement allowances are negotiable. Building amenities include a new elevator, prominent monument and building signage, and modern men's and women's restrooms on each floor, with showers conveniently located on the first floor. The possibility of adding a roll-up door for R&D or lab use can be explored. The property's APN is 073-330-019, and its cross street is Cortona Dr. This is a single-tenant occupancy property.

Highlights

  • 43,655 SF of single-tenant office space available for lease.
  • Located in Goleta's Tech Corridor, near US-101, Santa Barbara Airport, and UCSB.
  • Building features two floors (21,160 SF and 22,495 SF) available separately or combined.
  • $1.72/SF NNN ($0.81/SF base rent); 8-year lease term (master lease expires 2/28/32).
  • Tenant improvement allowance available; Building includes elevator, monument and building signage, and new restrooms and showers.

Property Details for 50 Castilian Dr

Property type
Office properties
RSF (Rentable sq. ft)
43,655 SF

Unit(s) available at that property

Space
Size
43,655 SF
Rate per SF
$20.64

Location Insight

City
Goleta
County
Santa Barbara
State
California
Latitude
34.4342256
Longitude
-119.8637113

FAQs

What type of property is this?
Office property - Prime Office/R&D, Flexible Lease Terms
Where is the office property located?
The property is located at 50 Castilian Dr Goleta, CA.
What is the lease rate?
The lease rate is $20.64/SF/YR.
What are key features of this property?
This property features: 43,655 SF of single-tenant office space available for lease.; Located in Goleta's Tech Corridor, near US-101, Santa Barbara Airport, and UCSB.; Building features two floors (21,160 SF and 22,495 SF) available separately or combined.
How can I contact the broker?
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50 Castilian Dr
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