Family Office Briefing on research byLee & Associates·Apr 22, 2025
2025.Q1 Santa Barbara, CA - Retail
Santa Barbara retail vacancy decreased to 3.9% in Q1 2025 — family offices should consider co-GP opportunities amid tight market conditions.
Retail2025
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 3.9% |
| Average NNN Asking Rate | 31.23$/SF |
| Cap Rate | 6.44% |
Metrics extracted from the source report and independently fact-checked. Method →
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