Property / Building Description
900 State Street (the “Property”) is a +/-38,000 square foot retail building located on the northeast corner of State Street and Canon Perdido at the epicenter of Santa Barbara’s famed State Street. The Property is a three-story building (including basement) situated on a 0.51 acre parcel. The building was originally constructed as a bank in 1968 and then extensively renovated in 1995 to accommodate Border’s book store.
The Property is at the hub of pedestrian and vehicular traffic with Average Daily Trips on State Street totaling 11,100 and 8,800 on Canon Perdido. The site is across from the Nordstrom’s and Macy’s anchored Paseo Nuevo Mall, across from the newly opened Forever 21 store, adjacent to the Fiesta Five Theater, and one block from Carrillo Street, which provides convenient access to the 101 Freeway.