Arguably one of the most prestigious office buildings in Redding, CA, this 100% occupied professional office property is an ideal investment. At 14,750 square feet, this building is located in Central Redding, providing easy access to Interstate 5 and Highway 44. Offering an executive aesthetic, this two story brick building with floor to ceiling windows, and first class suites provides a Cap Rate at just under 5.7% on current income with stabilized expenses. Priced at just $182 per sq ft, this is well below the replacement cost for a building of this quality.
Suite 125 is Leased through September 2028
Suite 150 Is Leased through November 2026
Suite 200 Is Leased through May 2026
Suite 201 is leased through January 2028
With a cap rate of 6.62% based on current income and stabilized expenses, this property is competitively priced at $182 per square foot—below replacement cost for a building of this caliber. Offering 45 parking spaces, or three spaces per 1,000 square feet, the building is located on Mistletoe Lane near Larkspur Lane and Executive Way, making it accessible for both clients and employees.