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331 N Milpas St
606 - 1,803 SF of Office Space Available in Santa Barbara, CA 93103
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2D | 606 SF | 2-5 Years | $29.86 CAD/SF/YR $2.49 CAD/SF/MO $321.43 CAD/m²/YR $26.79 CAD/m²/MO $1,508 CAD/MO $18,096 CAD/YR | Triple Net (NNN) | ||
| 2nd Floor, Ste 2F | 1,197 SF | 2-5 Years | $29.86 CAD/SF/YR $2.49 CAD/SF/MO $321.43 CAD/m²/YR $26.79 CAD/m²/MO $2,979 CAD/MO $35,745 CAD/YR | Triple Net (NNN) |
2nd Floor, Ste 2D
The suites feature an abundance of natural light and will include all new finishes & fixtures, onsite parking and a common kitchenette/lounge area for all tenants.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Kitchen
- Natural Light
- all new finishes & fixtures
- onsite parking
2nd Floor, Ste 2F
The suites feature an abundance of natural light and will include all new finishes & fixtures, onsite parking and a common kitchenette/lounge area for all tenants.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Natural Light
- new finishes & fixtures
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 331 N Milpas St , Santa Barbara, CA 93103
| Property Type | Retail | Year Built | 1962 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.78/1,000 SF |
| Gross Leasable Area | 8,416 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,416 SF |
| Year Built | 1962 |
| Parking Ratio | 1.78/1,000 SF |
About the Property
This newly renovated office/retail space is on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and a block from Trader Joe’s. Great for traditional office use and second-floor retail tenants such as pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as a common kitchenette/lounge area for all tenants and on-site parking. Spaces: Suite Size 2D 606 SF 2F 1,197 SF Rental Rate: $0.99 NNN (.60) (first 6 months of leases 3 years or longer) 1.75 NNN (.60) thereafter Available: Now Term: 2 - 5 years Parking: Approx. 2/1,000 SF Kitchenette: Common Zoning: GC HVAC: Yes Restrooms: Two shared on 2nd floor CSO: 3% To Show: CLA
Nearby Major Retailers
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331 N Milpas St
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