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Highlights

  • Newly renovated suites with modern finishes and Riviera views
  • Ideal for office or specialty retail such as fitness and wellness studios
  • On-site parking and easy access to Santa Barbara’s beaches and State Street
  • Prime Milpas Corridor location near Trader Joe’s, CVS, and Starbucks
  • Shared kitchenette/lounge and two restrooms for tenant convenience

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 2nd Floor, Ste 2A
  • 1,269 SF
  • 2-5 Years
  • $29.22 CAD/SF/YR $2.43 CAD/SF/MO $37,076 CAD/YR $3,090 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe’s. Great for traditional office use and second floor retail tenants such as Pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/lounge area for second-floor tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Wi-Fi Connectivity
  • Fully Carpeted
  • Secure Storage
  • 2nd Floor, Ste 2B
  • 513 SF
  • 2-5 Years
  • $29.22 CAD/SF/YR $2.43 CAD/SF/MO $14,988 CAD/YR $1,249 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe’s. Great for traditional office use and second floor retail tenants such as Pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/lounge area for second-floor tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Secure Storage
Space Size Term Rental Rate Rent Type
2nd Floor, Ste 2A 1,269 SF 2-5 Years $29.22 CAD/SF/YR $2.43 CAD/SF/MO $37,076 CAD/YR $3,090 CAD/MO Triple Net (NNN)
2nd Floor, Ste 2B 513 SF 2-5 Years $29.22 CAD/SF/YR $2.43 CAD/SF/MO $14,988 CAD/YR $1,249 CAD/MO Triple Net (NNN)

2nd Floor, Ste 2A

Size
1,269 SF
Term
2-5 Years
Rental Rate
$29.22 CAD/SF/YR $2.43 CAD/SF/MO $37,076 CAD/YR $3,090 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe’s. Great for traditional office use and second floor retail tenants such as Pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/lounge area for second-floor tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Wi-Fi Connectivity
  • Fully Carpeted
  • Secure Storage

2nd Floor, Ste 2B

Size
513 SF
Term
2-5 Years
Rental Rate
$29.22 CAD/SF/YR $2.43 CAD/SF/MO $14,988 CAD/YR $1,249 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Shell Space
Availability
Now

Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe’s. Great for traditional office use and second floor retail tenants such as Pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/lounge area for second-floor tenants.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • Central Air Conditioning
  • Secure Storage

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 331 N Milpas St, Santa Barbara, CA 93103

  • Tenant
  • Description
  • US Locations
  • Reach
  • Curated Massage
  • Services
  • 1
  • -
  • Entelechy, Inc.
  • -
  • 1
  • -
  • Lucid Life Behavioral Health Medical Corporation
  • Health Care and Social Assistance
  • 1
  • -
  • Saint Barbara American Coptic Orthodox Church
  • Health Care and Social Assistance
  • 1
  • -
  • Santa Barbara Ketamine Therapy / Lucid Therapeutic
  • Health Care and Social Assistance
  • 1
  • -
  • Zak Dental
  • MD/DDS
  • 14
  • Local
Tenant Description US Locations Reach
Curated Massage Services 1 -
Entelechy, Inc. - 1 -
Lucid Life Behavioral Health Medical Corporation Health Care and Social Assistance 1 -
Saint Barbara American Coptic Orthodox Church Health Care and Social Assistance 1 -
Santa Barbara Ketamine Therapy / Lucid Therapeutic Health Care and Social Assistance 1 -
Zak Dental MD/DDS 14 Local

Property Facts

Total Space Available 1,782 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 8,416 SF
Year Built 1962
Parking Ratio 1.78/1,000 SF

About the Property

Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe’s. Great for traditional office use and second-floor retail tenants such as pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/ lounge area for second-floor tenants. Spaces: Suite: 2A Size: 1,269 SF Suite: 2B Size: 513 SF All suites 1,782 SF Rental Rate: $1.75 NNN (.60) Available: 1/1/26 Term: 2 - 5 years Parking: Approx. 2/1,000 SF Kitchenette: Common for 2nd floor tenants Zoning: GC HVAC: Yes Restrooms: Two shared on 2nd floor CSO: 3% To Show: CLA

Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

CrossFit
Trader Joe's
The Boswell's
Smart & Final
Mechanics Bank
The Habit Burger Grill
Starbucks
Jazzercise
U.S. Bank
Bank of the Sierra
  • Listing ID: 38423073

  • Date on Market: 2025-11-12

  • Last Updated:

  • Address: 331 N Milpas St, Santa Barbara, CA 93103

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