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Radius Commercial Real Estate Property Listings in Santa Barbara & Surrounding Areas

Camarillo Retail Real Estate Space

Goleta Multifamily Property for Sale

Isla Vista Multifamily Property for Sale

Santa Barbara Industrial Real Estate for Lease

Santa Barbara Multifamily Property for Sale

Santa Barbara Retail Real Estate Space for Lease

Simi Valley Retail Space

Thousand Oaks Retail Real Estate Space

Ventura Retail Real Estate for Lease

 

Santa Barbara Commercial Real Estate Stats – Q2 2022

CRE Sales: 41 (vs 21 in Q2 2021)
Largest Commercial Sale: $104MM
Sales Volume: $254M (vs $90MM in Q2 2021)

Vacancy Rates

Office: 8.5% (vs 9.7% in Q1 2022)
Industrial: 0.5% (vs 0.8% in Q1 2022)
Office: 2.6% (vs 2.8% in Q1 2022)

Quarterly Absorption

Office: 119,500 SF (vs 66,000 SF in Q1 2022)
Industrial: 24,000 SF (8,500 SF in Q1 2022)
Office: 31,000 SF (84,800 SF in Q1 2022)

Average Asking Rates

Office: $3.27 / SF ($3.25 / SF SF in Q1 2022)
Industrial: $2.04 / SF ($2.07 / SF in Q1 2022)
Office: $2.020/ SF ($2.19 / SF in Q1 2022)

View the Full Santa Barbara CRE Report 

Santa Barbara Economic and Demographic Info & Stats

Santa Barbara’s economic foundation comes from tourism, but there are also other industries in the area, such as: education, health care, government, manufacturing and technology.

Santa Barbara County Population: 448,900+ Residents

Santa Barbara City Population: 88,700+ Residents

Average Annual Salary: $59,500*

Median Home Price: $464,954*

*According to U.S. News & World Report