Multi-tenant Industrial Complex for Sale 95% Leased

Highlights:

• 96% Occupancy - Stabilized Investment
• Upside potential with lease of 2 vacant units
• Central location in Mountain Lakes Industrial Park
• Highly established industrial complex
• Redding, CA - Regional Center
• Halfway between Sacramento, CA and Medford, OR
• Equidistant between Seattle and Los Angeles
• Convenient proximity to I-5
• 12.98 Acres
• 325 Parking spaces
• 9 Loading Docks
• Clear Height 24-28'
• Roof - Metal with Insulation
• Fire Suppression - Automatic Wet System
• Elevator in a 2-story office
• Redding Electric Utility - Water, Sewer, Trash, Electricity
• PG&E - Gas Utility
• Zoned GI - General Industrial in City of Redding
• Electrical Service: 3700 Amps 277/480V
• Built in 1971, Substantial renovation in 2012
• Key corner of Beltline Rd and Caterpillar Rd
• Approx. 75,500 SF of Office Space
• Approx. 153,068 SF of Industrial Space

Description:

Mountain Lakes Center is a premier 228,568 SF industrial complex situated within the expansive Mountain Lakes Industrial Park in Redding, CA, home to more than 1.2 million square feet of industrial space just west of Interstate 5. Positioned at the intersection of Caterpillar Road and Beltline Road, the property benefits from convenient access to I-5 in multiple directions.

Redding, CA, is a preferred location for industrial and business operations, serving as a regional hub within a several-hour drive of every direction. Redding's ample outdoor recreation opportunities offer 200+ miles of paved walking trails, abundant lakes, and easy access to National Parks, all paired with a cost of living well below that of much of the rest of California, which together support workforce recruitment and retention.

Mountain Lakes Center is currently 96% leased to a diverse mix of tenants. Two vacancies offer a compelling value-add opportunity for an investor or owner-user in a well-located property within one of Redding's premier industrial parks.

Located in the primary industrial park in Redding, CA, less than 1 mile from I-5. This multi-tenant industrial complex is located at the northeast corner of Caterpillar Rd and Beltline Rd.

The property is equipped with 3,700 amps of power at 277/480V, providing electrical capacity for industrial operations. Utilities are supplied by the City of Redding, including water, sewer and trash services, while PG&E provides natural gas. Additionally, the property features an automatic wet fire suppression system, ensuring enhanced safety and compliance.

Automatic Wet System

3700 Amps, 277/480V

PG&E

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