Leased Class A Office
For Sale
Contact for pricing
443 Redcliff Drive, Redding, CA 96002
Class A office building leased to the U.S. government and situated just off Interstate 5 in Redding.
Property SizeContact for details
Days on Market144
Property Features for 443 Redcliff Drive
General Information
Standard status
Active
Property subtype
Office, Special Purpose
Listing Agency:
Monarch Commercial Advisors
(415) 269-8969
Listed By:
Dave Lucas · License #01389761
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 8:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monarch Commercial Advisors
Investment Insights
Based on property information with market context.
This Class A office building is leased by Immigration and Customs Enforcement, a mission-critical U.S. government tenant. In 2014, the government provided a lump-sum contribution of $1.2 million for tenant improvements at the facility, in addition to the amortizing amount. The building’s leasing structure and the documented tenant-improvement support are key considerations for buyers seeking stabilized office income.
The property is located just off Interstate 5, where average daily traffic counts exceed 64,000. It is in Redding, within Shasta County, and is described as close to amenities including dining, banking, shopping, lodging, and general conveniences.
The offering is for an income-producing office asset with a longstanding government tenant and significant tenant improvements completed in 2014.
The property is located just off Interstate 5, where average daily traffic counts exceed 64,000. It is in Redding, within Shasta County, and is described as close to amenities including dining, banking, shopping, lodging, and general conveniences.
The offering is for an income-producing office asset with a longstanding government tenant and significant tenant improvements completed in 2014.
Key Highlights
- Class A office building leased to the U.S. government in Redding, CA
- ICE leased facility with U.S. government tenant rated AA+
- Government contributed a $1.2 million lump sum for tenant improvements in 2014
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,966
Businesses Nearby
Explore this area
Business Placement
Demographics for 96002, CA
35,158
Population
13,685
Households
2.6
Avg Household Size
39
Median Age
22%
College-Educated
93%
High-School Grad
30.6 sq mi
ZIP Area
1,149
Density / Sq Mi
$74,230
Median Household Income
$40,454
Median Earnings
$1,281
Median Rent
$347,500
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Class A office building leased to the U.S. government and situated just off Interstate 5 in Redding.
Where is this office building located?
The property is located at 443 Redcliff Drive Redding, CA.
What are key features of this property?
This property features: Class A office building leased to the U.S. government in Redding, CA; ICE leased facility with U.S. government tenant rated AA+; Government contributed a $1.2 million lump sum for tenant improvements in 2014
