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Colliers presents the opportunity to acquire the fee-simple interest in 1001 State Street, a three-story, 48,564-square-foot creative office building in Santa Barbara that is fully NNN leased to Amazon (S&P: AA-) through August 2029. The property provides four years of stable, investment-grade income in one of California’s most supply-constrained and highly coveted coastal markets.
Located at the prominent corner of State and Carrillo Streets, the property occupies a flagship position in the heart of downtown Santa Barbara, offering immediate access to walkable retail, dining, and transit amenities. 1001 State Street sits within a robust and growing tech ecosystem—home to over 70 firms including Sonos, LogicMonitor, and Yardi—highlighting the area’s evolution into a regional hub for innovation and technology.
With a combination of credit tenancy, dependable income, and irreplaceable location, 1001 State Street represents a rare opportunity to acquire a core asset in the heart of Santa Barbara.
