1230 Airport Park Blvd Ukiah, CA 95482

This exceptional 7,671 square foot retail property in Ukiah, CA, boasts a strong tenant mix anchored by a high-performing Panda Express drive-thru. Built in 2019, the single-building center sits on a 1.82-acre lot and includes an additional 0.67-acre developable pad. The property enjoys a prime location, shadowing a Costco, Walmart, and Food Maxx anchored center, with close proximity to Highway 101. Current tenants also include Sourdough & Co. and T-Mobile, creating a diverse and resilient tenant base. The property's current occupancy is 68%, generating a Net Operating Income (NOI) of $302,930, representing a 6.50% cap rate. The asking price is $4,660,000, translating to $607.48 per square foot. Panda Express, a major national quick-service restaurant chain, occupies a significant portion of the space and reports strong sales, with rent considered below market value. The additional developable land offers significant upside potential for future expansion or development within this thriving retail hub. This investment opportunity presents a compelling combination of strong current income, a desirable location, and future development potential.