504-570 Perkins Ave Ukiah, CA 95482
This exceptional retail opportunity presents 199,585 square feet of prime commercial space within the thriving Pear Tree Center in Ukiah, California. The center boasts a strong anchor tenant lineup including Lucky Supermarket, JC Penney, Ross Dress for Less, and Big 5 Sporting Goods, complemented by adjacent Home Depot and Kohl's. This grocery-anchored community center offers a diverse range of suite sizes, from a minimum of 688 square feet to a maximum contiguous space of 51,395 square feet, accommodating a variety of retail businesses. A total of 32 suites are available within the center, providing flexibility for multiple tenants. The property benefits from a highly visible location with direct access to Highway 101 via the E. Perkins interchange, ensuring high traffic counts and excellent exposure. Dedicated billboard signage on Highway 101, along with monument and building signage, further enhances visibility. Pear Tree Center serves as a regional draw for Mendocino and Lake Counties, benefiting from its proximity to Ukiah Valley Medical Center, downtown Ukiah, county offices, and the planned Mendocino County Courthouse. The center's expansive trade area extends up to fifty miles, offering significant market reach. Junior anchor, pad, and shop spaces are available, providing options for various business needs. This is a unique opportunity to establish a presence in Ukiah's strongest retail corridor, within a well-established and highly visible shopping center. The property's strategic location and strong tenant mix make it an ideal investment for discerning businesses seeking a prominent location in a growing market. Cross street access is provided via North Orchard Ave.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.