600 Pine Ave, Goleta, California
600 Pine Ave, Goleta, California 93117 - New pricing presents a 7.5% cap rate for this stabilized investment, 100% leased to Orbital ATK (NYSE: OA), an aerospace and defense contractor with a market cap of $7.56 billion. Orbital ATK is being acquired by Northrop Grumman (NYSE: NOC), pending FTC approval, in the first half of 2018. Situated near UCSB, Santa Barbara Airport, Goleta Beach, and Goleta Cottage Hospital, this office/R&D property presents an ideal asset to capitalize on Goleta's booming engineering and technology corridor and highly-educated population base.
Listing Courtesy of Hayes Commercial Group
“Our family has worked with Marie Sue since 1990 when we first moved to Santa Barbara. She and Stephanie have great knowledge of the housing market and are very trustworthy. We have completed at least 7 successful transactions with their firm. My husband and I can recommend them highly for sale or purchase of housing - both as a residence and for investment purposes.”