This purpose built 79 unit mini-storage building is unlike any other in Santa Barbara. Currently owned and operated by Honor Storage this investment provides an owner with predictable NNN returns in the heart of Santa Barbara.
Honor Storage Leaseback Information:
• 5 Years From Close of Escrow
• 2–5 Year Options to Extend
• AIR Single Tenant NNN Lease
• $13,000/Month NNN ($1.86/SF)
• 2% Annual Increases
• Personal Guaranty from the Principals of Honor Storage