Santa Barbara Industrial Space for Lease

How The Lease Option Works — In Plain English

1. Lease it Sign a 2-year NNN lease at $10,000/month and take possession immediately.

2. Lock the price The purchase option fixes today’s price — $2,350,000 — for the full two years. Whatever value you create in the meantime, the price does not move.

3. Create value Use the term to entitle a residential/mixed-use project — and sublease the existing building and yard while you do (with Lessor consent; no uses with
environmental impact) — or establish and grow your own business on site.

4. Close when ready Exercise the option during the lease term and close — pairing the purchase with construction financing or owner-user financing, arranged on your timeline.

Summary Of Lease-Option Terms:
Structure Two-year NNN lease with a fixed-price purchase option.

Monthly Rent $10,000 per month, NNN (tenant pays taxes, insurance & maintenance).

Option Price $2,350,000 — fixed for the full term/

Option Window Exercisable during the lease term (final window per option agreement.

PATH 1 — DEVELOPER: ENTITLE, THEN BUY:

Control the site for $10K/month while you entitle apartments — no land loan, no equity outlay.

Sublease the existing building while entitling (with Lessor consent) — cut your
net carry roughly in half.

Entitlement value you create accrues to you — the price is already fixed.

PATH 2 — OWNER/USER: OCCUPY, THEN OWN

• Move your business in now; buy the property in 2028 at a price you already know.

• Two years to prove the location before committing capital — option, not obligation.

• Owner-occupant financing at exercise — SBA-style low down payments after two years in occupancy.

Subleasing & Due Diligence:

Subleasing: permitted with Lessor consent — designed for a developer offsetting carry during entitlement; uses with environmental impact are excluded.

Available upon request: Phase I ESA (Aug 2025), Phase II subsurface soil report (Sep 2025), hoist-removal closure report (Feb 2026), preliminary title report, topographic survey, floor plan, and land use survey.

Contact Listing Agents for further details.

Located on the corner of E. Haley St. and Santa Barbara St. in Downtown Santa Barbara, this property offers a versatile industrial warehouse space ideal for a wide range of business operations. The property is divided into three separate buildings and features dedicated signage providing excellent exposure in a high-activity urban corridor. Situated within close proximity to the 101 Freeway with on-site parking, and the amenities of Downtown, the property offers convenient access for employees, clients, and deliveries, making it an exceptional opportunity for a plethora of different uses.

Rare freestanding industrial building offering exceptional functionality and flexibility. Featuring multiple grade-level roll-up doors, a high-bay warehouse with generous clear height, and dedicated garage/office space, this property is built for efficient operations. A fully gated, secure yard provides room for parking, while the office component supports day-to-day administration and client-facing needs. An ideal fit for a variety of tenant types (industrial, “flex” industrial — industrial/office or industrial/retail) seeking a turnkey footprint in a central Santa Barbara location.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

Flexible industrial building centrally located in the downtown area. To show please call Listing Agents.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.

BROKER BONUS | 5% Fee paid to Co-Op Agent on leases with term longer than one year.

The Platform at Haley & Santa Barbara Streets showcases a dynamic mix of light industrial, warehouse, retail & creative office uses — all in one central locale at the entrance to Santa Barbara’s fast growing Lagoon District and footsteps from downtown State Street and The Funk Zone. With modern finishes including glass roll-up doors and fiber optic connectivity, plus common area restrooms on both floors and elevator access, The Platform makes for a truly ideal place to work and a vibrant destination for customers and patrons.