Two-Story Medical Office & Sleep
1145 Whiskeytown Court, Redding, CA 96001
New
Two-level medical office building offers an operational sleep center upstairs and shell space below for customization.
Type:Commercial
Property size:
12,767 SFPrice / SF:
$195/SF- Added:
- Jun 30, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 1 at 2:48 am
Property Features for 1145 Whiskeytown Court
General Information
- Standard status
- Active
- Size
- 12,767 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing office (530) 643-7342
Listing date Jun 30, 2026
Source Grenvikgroup.idxbroker
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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HighLights
- Two‑story 12,767 SF medical office building built in 2008 in Redding, CA
- Upper level includes 6 sleep rooms and multiple clinical areas, totaling 6,578 SF and leased to Jiva Health, Inc.
- Lease expires July 1, 2028 at $9,500/month base rent, escalating to $11,750/month in 2026 and $14,000/month in 2027 (modified gross)
- Lower level totals 6,189 SF in shell condition, with 1,090 SF finished for laundry, storage, and janitorial services
- Onsite parking includes 15 spaces at the lower level and 20 spaces at the upper level, plus use of adjacent church parking
- Building includes an elevator and stairwell between levels, with parking immediately adjacent to entrances on both levels
Overview
Built in 2008, this two-story medical office building totals 12,767 square feet and is served by an elevator and stairwell between levels. The upper level includes 6,578 square feet with modern sleep center build-out, including six patient sleep rooms, patient exam and consulting rooms, private doctor offices, a large lobby, conference room, administration/files area, technician/nurses station, break room, and multiple support and restroom areas including bathrooms with showers and commode rooms. The lower level contains 6,189 square feet, with 1,090 square feet finished for laundry, storage, and janitorial services, and the remaining approximately 5,100 square feet in shell condition ready for improvements.
Parking is available immediately adjacent to the entrances on both levels, with 15 spaces at the lower level and 20 spaces at the upper level, plus use of adjacent church parking. The property also benefits from a shared parking agreement with Pilgrim Congregational Church for an additional 15 spaces, including an improved walking path between properties.
The upper level sleep center is leased to Jiva Health, Inc., with the lease expiring July 1, 2028. The rent is structured on a modified gross basis, starting at $9,500 per month and escalating to $11,750 in 2026 and $14,000 in 2027. This configuration can support an owner-operator who wants an income-producing medical component while positioning the lower level shell space for future medical or healthcare improvements.
Parking is available immediately adjacent to the entrances on both levels, with 15 spaces at the lower level and 20 spaces at the upper level, plus use of adjacent church parking. The property also benefits from a shared parking agreement with Pilgrim Congregational Church for an additional 15 spaces, including an improved walking path between properties.
The upper level sleep center is leased to Jiva Health, Inc., with the lease expiring July 1, 2028. The rent is structured on a modified gross basis, starting at $9,500 per month and escalating to $11,750 in 2026 and $14,000 in 2027. This configuration can support an owner-operator who wants an income-producing medical component while positioning the lower level shell space for future medical or healthcare improvements.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $260.4k | $20.40 |
| − Vacancy | −$55.5k | −$4.35 |
| EGI | $205.0k | $16.05 |
| − OpEx | −$51.2k | −$4.01 |
| NOI | $153.7k | $12.04 |
12,767 SF · lease $20.40/SF/yr · vacancy 21.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.20M
$1.92M – $2.56M
NOI $153,729 @ 7.0% cap · market cap 6.16%
Second Best
Healthcare Medical
$1.93M
$1.69M – $2.25M
NOI $134,869 @ 7.0% cap · market cap 5.41%
Theoretical Best
Specialty Retail
$2.84M
$2.49M – $3.32M
NOI $198,966 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Pulmedica
Medical Clinic
Amanda K Pa ...
Physician
Dr. Everett D. ...
Physician
Resta Sleep Disorders ...
Medical Clinic
Jivahealth- Redding Sleep ...
Medical Clinic
Similar Places Nearby
- Richard Suther — 2133 Eureka Way, Redding, CA 960010428
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.4122912
- Latitude
- 40.5846931
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Two-level medical office building offers an operational sleep center upstairs and shell space below for customization.
Where is this medical office space located?
The property is located at 1145 Whiskeytown Court Redding, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Two‑story 12,767 SF medical office building built in 2008 in Redding, CA; Upper level includes 6 sleep rooms and multiple clinical areas, totaling 6,578 SF and leased to Jiva Health, Inc.; Lease expires July 1, 2028 at $9,500/month base rent, escalating to $11,750/month in 2026 and $14,000/month in 2027 (modified gross)
