This Office Property is Off-Market.

521 S. Orchard Avenue
Ukiah, CA 95482 ·

6,570 SF · Office For Sale

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Social Security Administration

Price N/A No. Stories 1
Building Size 6,570 SF Building Class B
Property Type Office Tenancy Single
Property Sub-type
Institutional/Governmental
More...
  • Office Building
  • Special Purpose (Other)
Year Built 2002
Property Use Type Investment Lot Size 24,360 SF
Commission Split 2.5% APN / Parcel ID 002-340-4600
Cap Rate 6.40%
Listing ID: 18369869 Date Created: 09/23/2013 Last Updated: 10/24/2013

Description

The property is a build-to-suit Social Security Administration building developed in 2002 along with the original 10 year lease that was ultimately completed in 2012, and then subsequently renewed for an additional 15 years last year. The current owner of record purchased the property from the original developer in 2003.
The building is approximately 6,570/SF on a parcel of land that is approximately 0.64 acres, and there are 29 parking spaces on site. The building was built with future flexibility in mind, and has service expansion for up to four electric meters. The building was designed to be potentially subdivided in the future to accommodate other multi-tenant uses for either retail/office and/or remain as a single tenant use.

This GSA/Social Security Administration leased property is located at 521 S. Orchard Avenue in Ukiah, Ca. 95482, and is located in the vicinity of other commercial and residential development in a fast developing area off Highway 101 in Ukiah. Ukiah is the county seat in Mendocino County, Ca, so the SSA's presence here serves a larger geographic need for providing necessary services.

Highlights

  • Build-to-Suit for United States Government Tenant (SSA)
  • Established long term tenancy
  • Easy access to and visible from Hwy. 101
  • Near commercial, retail, and other services like AAA, Cal. Hwy. Patrol, and USPS
  • Built in 2002 with furture multi-tenant flexibility, and ample on-site parking
  • Located in the County Seat in the fast developing Northern California Wine Country

Research

521 S. Orchard Avenue, Ukiah, CA 95482 (Mendocino County)

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