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Aerial view of a single-story commercial strip building with a brown hip roof, covered entry canopy, and a surface parking lot with service vehicles, surrounded by mature palm trees and residential neighborhood in a Southern California coastal community.
Aerial view of a single-story commercial strip building with a brown hip roof, covered entry canopy, and a surface parking lot with service vehicles, surrounded by mature palm trees and residential neighborhood in a Southern California coastal community.
Wider aerial view of the same single-story commercial property showing a flat-roofed retail or service building with a full parking lot of work trucks and service vehicles, a tenant signage panel visible at the corner, and mountain and tree views in the background under a partly cloudy sky.
Street-level facade of a single-story commercial retail building with textured tan brick, dark bronze-framed glass storefronts, brown canopy overhangs, and a potted plant at the entrance, with parking visible through the reflective glass.
Interior of a small retail or service office space with polished concrete floors, a blue accent wall with a branded globe logo, display shelving, a glass-top conference table with leather rolling chairs, and computer workstations along the perimeter.
High aerial view of a single-story commercial building with a brown roof and a secured rear parking yard filled with service vehicles, situated on a corner lot at a busy urban intersection with a multi-lane arterial road and surrounding retail storefronts visible.

Old Town Goleta Retail

Goleta, CA

4,840 SF

Active

Retail

Details

5880 Hollister Avenue is a stabilized office/flex asset in Goleta, California. Our thesis centers on capturing durable, in-place cash flow while executing targeted capital improvements—roof replacement, HVAC modernization, and tenant-driven reconfigurations—to preserve long-term asset quality and support steady NOI growth. The investment reflects AJR's disciplined approach to acquiring well-located commercial properties in coastal California markets where new supply is structurally limited.