Executive Office Building

Highlights:

• Fully-occupied professional office property offers a strong investment opportunity in central Redding, CA.
• Situated between Churn Creek Road and Hilltop Drive in Redding’s main retail corridor, with easy access to Interstate 5 and Highway 44.
• Cap rate of 6.67% based on current income and stabilized expenses.
• Convenient for tenants and visitors alike with 45 parking spaces available.

Description:

This fully occupied, ±14,750 square foot professional office property offers a strong investment opportunity in central Redding, CA. With direct access to Interstate 5 and Highway 44, the two-story brick building combines an executive design with floor-to-ceiling windows and first-class suites. Built in 1993 and renovated in 2023, the property’s modernized interiors enhance its appeal. Positioned between Churn Creek Road and Hilltop Drive, Redding’s primary retail corridor, this location provides excellent visibility and accessibility.

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 6.67% 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.

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