50 Castilian Drive

50 Castilian Drive 50 Castilian Drive
Goleta, CA 93117

  • $13,900,000

    Sale Price

  • $318

    Sale Price PSF

  • 43,655

    Square Feet

  • Office

    Property Type

  • 100%

    Occupancy

  • 10.00 Years

    WALT

Sale Summary

Address

  • 50 Castilian Drive
    Goleta, CA 93117

Sale Details

  • Sale Price$13,900,000
  • Sale Price PSF$318
  • Sale Cap Rate5.37%
  • Closing Date5/5/2022

Sale Description

Newmark is please to have represented the seller, 50 Castilian LLC, in the sale of 50 Castilian Drive, a 43,655-square-foot creative office building located in Goleta, CA. The property is currently 100% leased to AppFolio, who has ten years of term remaining. 

Address

  • 50 Castilian Drive
    CA 93117

Sale Details

  • Sale Price$13,900,000
  • Sale Price PSF$318
  • Sale Cap Rate5.37%
  • Closing Date5/5/2022