111 E Victoria Street, SANTA BARBARA, CA 93101
$23,500,000
Property Type:
Comm/Ofc
Square Footage:
21,970
Status:
Active
Current Price:
$23,500,000
List Date:
2/26/2024
Last Modified:
3/22/2024
Description
Radius Group is pleased to offer the opportunity to acquire a trophy NNN Leased Healthcare Asset leased to UCLA Health. This facility has undergone an extensive $9M renovation and is UCLA Health's largest facility in the Greater Santa Barbara area, serving as a state-of-the-art oncology & clinical center. The property features a brand new 10-year NNN lease guaranteed by The Regents of The University of California (credit ratings of AA and Aa2). UCLA Health is ranked the #1 Health System in California, with over 250 locations across Southern California. With hundreds of UCLA physicians listed among the Best Doctors in America and one of the top-rated cancer centers in the United States, this tenant is among the most comprehensive & advanced healthcare providers in the world.
More Information MLS# 24-581
Location Info
District: 15 - SB/EAST OF STATE
Street #: 111
Dir: E
Street Name: Victoria
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 029-071-023
Cross Street: Anacapa St.
Contract Info
Current Price: $23,500,000
Price: 23500000
Buyers Agent $/%: 1
Begin Date: 2024-02-26
Status: Active
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 1
Total SqFt.: 21970
Owner Info
Deposit: 705000
Remarks
Hot Sheet Comment: new
Property Features
Zoning: Other
Terms: Cash; Ctnl
Listing Type: ER
Listing Office: Radius Group Commercial R.E.
Last Updated: March - 22 - 2024
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