902 Waugh Lane

Ukiah, CA 95482

Mendocino County

About This Property

Sit back and collect the rent! Recently renovated industrial investment opportunity in the heart of Ukiah with easy access to the freeway! Fully leased to master tenant, the building offers approximately 15,000 square feet of versatile space, ideal for a range of industrial uses. The property features high ceilings and 3 grade-level roll-up doors, providing ease of access for loading, operations, and logistics. With 3-phase 480-volt power, it's equipped to meet the needs of modern businesses, ensuring reliable energy for high-demand operations. Multiple offices provide administrative space, including an office updated with a wood shiplap accent wall and vinyl plank floors. The facility is also outfitted with fire sprinklers, enhancing safety and compliance, while the newer roof offers peace of mind for long-term investment. Situated on a 0.55-acre lot with ample onsite parking for staff and visitors. Located near Highway 101 yet in the middle of town, this property enjoys excellent connectivity and visibility. With its prime location and updated infrastructure, this is a compelling opportunity for the investor looking for a hands-off investment boasting a 6.22% capitalization rate.

Property Details

Location

902 Waugh Lane, Ukiah, CA 95482