600 Pine Ave

Goleta, California 93117

$22,950,000 Beds Baths 83,479 sq ft MLS# 17-2762

About 600 Pine Ave

Now providing a 7.6% cap rate, this stabilized investment is 100% leased to Orbital ATK (NYSE: OA), an aerospace and defense contractor with a market cap of $7.74 billion. Orbital ATK is being acquired by Northrop Grumman (NYSE: NOC), pending FTC approval, in 2018. Situated near UCSB, Santa Barbara Airport, Goleta Beach, and Goleta Cottage Hospital, this office/R&D property presents an ideal asset to capitalize on Goleta's booming engineering and technology corridor and highly-educated population base.

600 Pine Ave Details

MLS #17-2762
Price$22,950,000
StatusActive
Square Feet83,479
Zip Code93117
Area35 - SB/GOL NORTH
Property TypeCommercial

Property Location

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Listing Courtesy of Hayes Commercial Group
All information is deemed reliable, but is not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Village Properties shall be responsible for any typographical errors, misinformation, or misprints. © 2018 Santa Barbara Multiple Listing Service. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market.
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