Historical Office Sale Listing - Social Security Administration

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Social Security Administration

521 S. Orchard Avenue, Ukiah, CA 95482

N/A

6,570 SF | Office

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Subject Property

Office Property - Off Market

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

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

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.

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

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