Unique Net Lease Investment Opportunity.
Made up of a consortium of uses and members, the subject property located at 201 W. Montecito St. in Santa Barbara, CA is home to The Hangar, the region’s premier private business club. The offering presents a sophisticated investor the opportunity to own a landmark piece of Santa Barbara bound by a long-term lease term through February, 2028.
Comprising over 12,700 square feet, the property is
well-situated just a few blocks from State Street,
the bustling Funk Zone district, and Santa Barbara’s historic West Beach neighborhood with its iconic boutique hotels, cottages, apartment buildings, restaurants, and of course, glistening West Beach. The Hangar was specifically designed by avid car collectors for car collectors, complete with private-collector, climate-controlled car storage, as well as office, coworking, meeting and recreational space.
Additional information about The Hangar may be
found at www.hangarsb.com.