100% Government-Leased | County of Glenn 604 E Walker St 26,400 SF 100% Leased Office Building Orland, CA 95963 $3,990,000 ($151.14/SF) 7.50% Cap Rate

100% Government-Leased Investment | County of Glenn Health & Human Services.
Rare opportunity to acquire a 26,400 square foot, 100% government-leased facility prominently located at 604 E. Walker Street (State Highway 32) in Orland, California. The property is fully occupied by the County of Glenn and utilized by its Health & Human Services Agency (HHSA), including the County’s Children System of Care operations. The County initially occupied approximately 13,000 square feet before expanding into the balance of the building in 2022, bringing its occupancy to 100% of the approximately 26,400 square foot, two-story facility. The lease extends through February 28, 2035, with an additional five-year extension option through February 2040. Current rent is $30,800 per month / $369,600 annually, with a scheduled increase to $33,880 per month beginning March 1, 2030. The lease is structured as a modified gross lease, with the County responsible for its utilities and the landlord retaining certain operating, maintenance and repair obligations. Situated on approximately 1.71 acres with 98 parking spaces, the property provides substantial on-site parking, excellent accessibility and prominent exposure along Highway 32, one of Orland’s primary commercial and transportation corridors. The combination of long-term County of Glenn tenancy, full-building government occupancy, an established Health & Human Services use, scheduled rental growth and a prominent Highway 32 location creates a compelling investment opportunity for buyers seeking durable public-sector tenancy in Northern California.