PROPERTY LOCATION Kmart Portfolio - Ukiah Home Depot (IV) 350 North Orchard Street Ukiah, California 95482 map it PROPERTY SUMMARY Type: Retail Class: B Price: Contact Broker   Listed Measurement/Yardstick: 91,266 Sq Ft Number of Buildings: 1 Number of Floors: 1 Occupancy: 100% Year Built: 1997 Year Renovated: PROPERTY DESCRIPTION Property is a 91,266 sf Home Depot occupied free-standing box in Ukiah, CA. Built in 1998 on a 10.23-acre site. Property is subject to a long-term ground lease that runs concurrently with Home Depot's lease. Building was originally leased to Kmart but was assigned to Home Depot after Kmart's bankruptcy in 2002. Home Depot pays $7.57/sf in rent, as well as $4.31/sf in GL payments ($11.59/sf, above market). Tenant has 8, 5-yr options remaining at same rent of $7.57/sf. If all are exercised, the lease would extend to 2065 (same date as ground lease expiration). Property contains 600 parking spaces (5.87/1,000 sf).

For more information contact   Mark Palmer Palmer Capital, Inc. mark@palmercapital.com Tel: 916-462-6205 https://www.palmercapital.com