415 Knollcrest, Redding, CA 96002
$2,650,000
415 Knollcrest
Redding, CA 96002 $2,650,000
415 Knollcrest
Redding, CA 96002
Situated in the esteemed Redcliff Business Park in the center of Redding, CA, this 15,132 SF office building is 100% leased by 3 separate tenants:- Suite 100: Lease continues through March 2028, with two, three-year options to extend. -Suite 130: Lease continues through September 2027, with one, three-year option to extend. - Suite 140B: Lease continues through January 2028, with one, five-year option to extend. These leases present an excellent diversification of tenant businesses. This property brings in an annual gross income of $263,105 for 2024. The Cap Rate with stabilized expenses is just under 6.1%. Priced at $175 per sq ft, this fully leased investment opportunity is well below repl... Read More
Price$2,650,000
Year Built1988 Listing TypeComm/Industrial
Area04 - SW Redding
MLS Listing ID24-4740 Published Date11/6/2024 5:15:00 PM 15 days ago Listing Modified11/6/2024 5:15:00 PM 15 days ago
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