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415 Knollcrest Dr Redding, CA 96002

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For Sale
$2,650,000

Fully leased office building in Redcliff Business Park.

Property size:
15,132 SF
Lot size:
0.97 Acres

Property Features for 415 Knollcrest Dr

General Information

Size
15,132 SF
Lot size
0.97 Acres

Source: Capital Rivers Commercial Agent Tyler Jardine

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Redding Multi-Tenant Investment Property

This multi-tenant investment property is located in Redding’s Redcliff Business Park. The property offers 15,132 square feet of space and features 52 off-street parking spaces. It is fully leased and presents opportunities for growth and increased returns due to current rental rates being considered below market. The property is competitively priced at $175 per square foot, which is below replacement cost and comparable sales. The cap rate is 7% based on stabilized expenses.
Insight Report Location Intelligence

Current Use by Public Records

Heather Stokes Consultant Associa Northern California Property Management Company Windermere Real Estate Real Estate Agency VITEK Mortgage Group Mortgage Lender Heather Parker Mortgage Lender

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Redding
County
Shasta
State
California
Longitude
-122.3646364
Latitude
40.5725366

FAQs

What type of property is this?
Office building - Fully leased office building in Redcliff Business Park.
Where is this office building located?
The property is located at 415 Knollcrest Dr Redding, CA.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: - Fully leased multi-tenant investment property.; - 7% Cap Rate based on stabilized expenses.; - Below market rental rates offer potential for increased returns.
More about this property
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