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1829 S Oregon St
Yreka, CA 96097

Federal Govt Office in CA | Long-Term Lease · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
11,488 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,488 SF
Building FAR
0.13
Lot Size
2.00 AC
Zoning
M-1
Parking
58 Spaces (5.05 Spaces per 1,000 SF Leased)

About 1829 S Oregon St , Yreka, CA 96097

The Yreka Fish and Wildlife Office is a build-to-suit facility designated for use by the United States Fish and Wildlife Service in northern California. The offering consists of an 8,417 square foot office leased to the GSA for a 15 year term with 10 years firm, providing a secure, long-term income stream. The lease is scheduled to commence May 1, 2018, and is guaranteed by the United States of America, which has a credit rating of Aaa from Moody's Investor Services. The Federal Government has a long-standing reputation as a tenant with one of the highest possible renewal probabilities in the commercial real estate industry, with historical data published by the GSA regarding their portfolio of over 8,000 leases nationwide reflecting a retention rate that typically exceeds 95%. The property also includes a 3,071 square foot office, net leased on a month-to-month basis to Healtherapy, Inc. The current rental rate for this building is significantly below market, providing an opportunity for potential future upside. Both offices are situated on a two acre parcel located on South Oregon Street in Yreka, providing immediate access to I-5. The Yreka FWO is tasked with working to protect and restore healthy populations of fish and wildlife and their habitats in the Klamath River Basin. The Yreka FWO also works in conjunction with partners and agencies at the national, tribal, state and local levels to accomplish their mission. Areas of focus for the FWS include working with local plant and animal populations, forest resources, fisheries, hydropower, endangered species recovery, and habitat restoration.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
062-041-400
Land Assessment
$185,418
Improvements Assessment
$1,493,976
Total Assessment
$1,679,394
  • Listing ID: 13148714

  • Date on Market: 2018-07-12

  • Last Updated:

  • Address: 1829 S Oregon St, Yreka, CA 96097

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