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Saturday, March 31, 2012 

The downtown Marshall's building is for sale

$14,340.00. That's alot of moolah.
Santa Barbara Marshalls offers an investor the opportunity to acquire a rarely traded commercial property centrally located on the vibrant retail corridor of State Street in the heart of downtown Santa Barbara, CA. The single-tenant NNN-leased property offers a stable cash flow, ease of management and pride of ownership at a price that is substantially below replacement cost. The lushly landscaped property consists of 38,015 SF of building GLA on 0.50 acres at the signalized intersection of State Street and W. Canon Perdido Street. The property provides over 80 feet of frontage on State Street, a very popular pedestrian shopping destination across from Paseo Nuevo Shopping Center, anchored by Nordstrom and Macy' s. Retailers such as Apple, Forever 21, H&M and Anthropologie are located nearby on State Street. - LoopNet

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