Available For Sale - Office

15,132 SF | Show Pricing $

LISTED BY

Tyler Jardine
Capital Rivers Commercial, 530-221-1127

AVAILABILITY DETAILS

Size
15,132 SF
Price/SF
Show Pricing $
Listing ID
SA556925
Notes
Located in the established Redcliff Business Park in central Redding, CA, this ±15,132 square foot office building is fully leased to three long-term tenants, including Community Medical Management Services, Bristol Hospice, and Associa. Each tenant has lease terms extending through 2027 or beyond, with options to renew, ensuring stable income and business diversification. For 2024, the building generates an annual gross income of $274,062, with a cap rate of 6.95% based on stabilized expenses.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Tyler Jardine, Capital Rivers Commercial
BRE# 01411003