BLM | USGS | County of Mendocino
Ukiah, CA
Unstated
Unstated
Unstated
100%
24,549 SQ FT
Office
2017/2018
4.50 Acres
Sold
RECORD PRICING
Lowest historical cap rate for a multi-tenant government office sale.
SOLD TO PRIVATE 1031 BUYER
All cash transaction with private client based in San Francisco Bay Area.
100% LEASED TO GOVERNMENT TENANTS
Occupied by BLM, USGS, and County of Mendocino.
LONG-TERM LEASES
New 20-year leases with Federal Government and new 10-year term with County of Mendocino.
NEW CONSTRUCTION
Complete renovation-to-suit in 2017 and 2018 according to specific needs of each tenant.
The Ukiah Government Office is a newly reconstructed, 24,549 square foot facility located in the California wine country region of Mendocino County. The property is 100% leased via three government tenants: Bureau of Land Management, U.S. Geological Survey, and County of Mendocino Health & Human Services.
