![111 E. Victoria St.](https://files.spatialsearch.com/18/6035a9cd-269b-46c7-a10a-1f1818535619/111-e.-victoria-st._santa-barbara_office_medical-office__sale_704145000-medium.jpeg)
111 E. Victoria St.
NEW PRICE: $22,000,000 ∙ 5.5% CAP RATE
10-YEAR NNN-LEASED INVESTMENT OPPORTUNITY ∙ TRUE TROPHY ASSET BOASTING A WORLD-CLASS ONCOLOGY AND CLINICAL CENTER FULLY LEASED TO UCLA HEALTH
21,970 SF Class A Medical/Office Building in the heart of Downtown Santa Barbara
Radius Commercial Real Estate is pleased to offer the opportunity to acquire a trophy NNN Leased Healthcare Asset leased to UCLA Health. This facility has undergone an extensive $9M renovation and is UCLA Health’s largest facility in the Greater Santa Barbara area, serving as a state-of-the-art oncology and clinical center. The property features a brand new 10-year NNN lease guaranteed by The Regents of The University of California (credit ratings of AA and Aa2). UCLA Health is ranked the #1 Health System in California, with over 250 locations across Southern California. With hundreds of UCLA physicians listed among the Best Doctors in America and one of the top-rated cancer centers in the United States, this tenant is among the most comprehensive and advanced healthcare providers in the world.
Medical OfficeOffice
Recent News
California Commercial Real Estate News Roundup 2023
We put together an updated list of transactions, lease highlights, and development projects around California's commercial real estate market. The list …