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209-651 Paseo Nuevo
Santa Barbara, CA 93101
Paseo Nuevo · Retail Property For Lease
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6,827 SF
Highlights
- Features retailers such as Zumiez, Sketchers, Sunglass Hat, & Caje Coffee Roasters
- Yardi Systems is building new headquarters in the adjacent Macy's building
- Average restaurant sales here do in excess of $1,000 PSF annually
- 575 center parking spaces and over 1,100 nearby parking structure spaces
- 80-112 rental residences planned for the new Nordstrom building next door
Property Facts
| Total Space Available | 6,827 SF | Center Properties | 14 |
| Center Type | Regional Mall | Gross Leasable Area | 711,429 SF |
| Parking | 1700 Spaces | Total Land Area | 10.56 AC |
| Stores | 48 | Year Built | 1990 |
| Total Space Available | 6,827 SF |
| Center Type | Regional Mall |
| Parking | 1700 Spaces |
| Stores | 48 |
| Center Properties | 14 |
| Gross Leasable Area | 711,429 SF |
| Total Land Area | 10.56 AC |
| Year Built | 1990 |
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
About the Property
Highlighted by the Spanish architecture and open air paseos, the Pavilion at Paseo Nuevo serves as the center of Downtown Santa Barbara. Originally opening in 1990, the Pavilion at Paseo Nuevo boasts a mix of entertainment, retail and restaurant tenants. The current Tenant mix includes mixes of local and national brands like Zumiez, California Pasta, Poke House, 805 Boba, Footlocker, Caje, Tilly Timms, Sunglass Hut, Sketchers, and more. Santa Barbara's own Yardi Systems (one of the world's leading real estate software companies) is relocating its corporate headquarters to the vacant Macy's building at Paseo Nuevo directly adjacent to the Pavilion. With hundreds of employees arriving daily and a near $100M in planned investment into Paseo Nuevo mall over the next few years, these are exactly the lunch crowds, after-work diners, and daily shoppers that drive sustained retail and restaurant sales. Notably, the Yardi building will have no cafeteria or on-site gym by design, ensuring employees patronize the surrounding businesses daily. Additionally, the iconic Nordstrom building is being transformed into up to 112 new rental residences through an adaptive reuse project. Future residents will live steps from the Pavilion, bringing another flux of built-in customers to the retail & restaurant operators seven days a week.
- Atrium
- Courtyard
- Mezzanine
- Property Manager on Site
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
- Accent Lighting
- Car Charging Station
- Air Conditioning
