6555 Pardall Rd. Isla Vista, CA 93117

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1 NNN Investment Property with 5% CAP, Or Tenant Can Vacate for New Owner! 6555 Pardall Rd. Isla Vista, CA For Sale Offered at $1,985,000 Rarely available, prime location in the heart of the UCSB s retail corridor.

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3 property overview Recently constructed in 2017 with a NNN tenant. Due to the lot size and location, properties like this rarely become available. Leased by a single tenant conducting two businesses under one master lease: HiWi Tropical Fusion & Juice It Up! Current tenant can vacate premises, or sign a new 5-year lease at $8,270/mo (NNN) for a 5% CAP rate. A large portion of the parcel is dedicated to an outdoor dining area. The building is currently utilized as a kitchen and includes restrooms. Also suitable for an owner/operator. Contact Listing Agent for details. NNN Investment Property with 5% CAP, Or Tenant Can Vacate for New Owner! Sale Price $1,985,000 Type Retail/Restaurant Total Building Size ±840 SF Patio Size ±2,700 SF Land Size ±4,356 SF CAP Rate 5% NOI $8,271/month NNN (new 3-year lease) Zoning C-2 APN Restrooms ADA Compliant HVAC Yes Parking Street Year Built 2017 The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

4 Pardall Rd Embarcadero del Mar

5 El Colegio Rd. Nearby retailers N Embarcadero Del Mar M L P J Embarcadero Del Norte G Pardall Rd. K S Subject Property o, q & R H i F E D University of California Santa Barbara A. B. C. D. E. F. G. H. I. J. K. Trigo Rd. A B C Trigo Rd. L. M. N. O. P. Q. R. S. Pacific Ocean

6 Demographics 2017 Estimates 1 Mile 3 Mile 5 Mile Average Household Income: $38,550 $79,571 $97, Population: 24,675 52,959 77,944 Estimated Population by 2022: 25,281 54,455 80,207 Daytime Population: 10,932 28,043 38, Demographics from CoStar Brokerage Applications 6555 Pardall Rd Goleta, CA mi radius 3 mi radius 5 mi radius Total Annual Consumer Expenditure (2017) Total Household Expenditure $196 M $928 M $1.71 B Total Non-Retail Expenditure $101 M $486 M $904 M Total Retail Expenditure $94.8 M $443 M $811 M Apparel $6.99 M $33.0 M $60.8 M Contributions $7.20 M $42.5 M $83.9 M Education $7.22 M $37.6 M $72.3 M Entertainment $10.7 M $52.2 M $97.1 M Food and Beverages $30.2 M $135 M $245 M Furnishings and Equipment $6.25 M $32.3 M $60.8 M Gifts $4.29 M $23.9 M $46.2 M Health Care $16.3 M $71.6 M $129 M Household Operations $5.06 M $27.6 M $52.9 M Miscellaneous Expenses $2.90 M $13.4 M $24.4 M Personal Care $2.59 M $12.1 M $22.2 M Personal Insurance $1.34 M $7.24 M $14.0 M Reading $426 K $2.06 M $3.83 M Shelter $39.6 M $191 M $354 M Tobacco $1.39 M $5.31 M $9.15 M Transportation $37.1 M $173 M $316 M Utilities $16.1 M $68.5 M $122 M RFULL9 Monthly Household Consumer Expenditure (2017) Total Household Expenditure $3,022 $5,168 $5,982 Total Non-Retail Expenditure $1, % $2, % $3, % Total Retail Expenditures $1, % $2, % $2, % Apparel $ % $ % $ % Contributions $ % $ % $ % Education $ % $ % $ % Entertainment $ % $ % $ % Food and Beverages $ % $ % $ % Furnishings and Equipment $96 3.2% $ % $ % Gifts $66 2.2% $ % $ % Health Care $ % $ % $ % Household Operations $78 2.6% $ % $ % Miscellaneous Expenses $45 1.5% $74 1.4% $85 1.4% Personal Care $40 1.3% $67 1.3% $77 1.3% Personal Insurance $21 0.7% $40 0.8% $49 0.8% Reading $7 0.2% $11 0.2% $13 0.2% Shelter $ % $1, % $1, % Tobacco $22 0.7% $30 0.6% $32 0.5% Transportation $ % $ % $1, % Utilities $ % $ % $ % The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

7 Area & property photos The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.

8 Isla Vista The Subject Portfolio is situated in the ideal college beach community of Isla Vista, an unincorporated area located in South Santa Barbara County and part of the greater Santa Barbara metro area. Roughly 10 miles west of the city of Santa Barbara, Isla Vista is bounded by Goleta to the north, the University of California Santa Barbara to the east, UCSB faculty housing to the west and the Pacific Ocean to the south. The community primarily consists of multi-family and single-family residences and serves largely as a student housing base for UCSB. With a good base of recreational amenities, Isla Vista s downtown core includes a central park, food and beverage establishments and retail services and markets, all geared toward students. At just 1.8 sq. miles, the community is very bike friendly, and it is also serviced by Santa Barbara s Regional Transit Authority bus line.

9 Between its three world-class institutions UC Santa Barbara, Santa Barbara City College and Westmont College the South Coast region of Santa Barbara County is considered one of the country s premier higher education destinations, boasting combined enrollment surpassing 42,000 students.

10 University of California Santa Barbara A short distance north of Santa Barbara is the University of California, Santa Barbara. The sprawling campus is situated on 1,055 acres along the pristine California coastline about 100 miles northwest of Los Angeles. Newsweek has named UCSB one of the country s hottest colleges twice in the past decade, and U.S. News and World Report ranks UCSB number 10 among all public universities. The university offers over 200 majors, degrees and credentials and boasts an international student enrollment totaling approximately 22,026 (although Fall 2011 applications from prospective freshmen and transfer students totaled 63,303!). In addition, UCSB s renowned faculty includes five Nobel Laureates and members and fellows of the prestigious American Academy of Arts and Science and the National Endowment for the Humanities, to name a few.