The Phoenix Building on Bluffs w/ Views

$2.20/sqft/mo

292 Hemsted Drive, Redding, CA 96002

For Lease

Office Building

Active

Last Updated: 04/21/2025

Details:

Cap Rate: 7.32%

NOI: $170,240.40

Building Size: 9,140 sqft

Lot Area: 0.67 acres

Class: A

Occupancy: 49%

Year Built: 2009

Floors: 2

Offered by

Ryan Haedrich

VP of Sales and Leasing

Capital Rivers Commercial Haedrich Group

#01747622

Request Info to Unlock

Highlights:

1st Class Building on the Bluffs w/ Impressive Views
Overlooking the Sacramento River
Centrally located in Redding, CA with easy access to I-5
Merrill Lynch is a national credit rated tenant and affiliate of Bank of America
Plenty of off-street parking

Description:

Located on the second floor of 292 Hemsted Drive, this ±4,760 square foot professional office suite offers a well-balanced mix of private and collaborative workspaces in a setting that supports productivity and comfort. Overlooking the Sacramento River and city skyline from its position on the river bluff, the space offers a setting that both elevates the daily work environment and enhances the client experience. The suite is easily accessible from I-5, making it a convenient choice for businesses serving the greater Redding area.

The interior is configured to support a variety of operational needs, featuring 8 private offices, 3 open workstations, a dedicated conference room, and a welcoming reception area. Additional features include a break room, server room, production space, and private restrooms—all supported by ample storage options. Designed for efficiency and ease of use, this layout is ideal for teams looking for a functional and professional environment in a central Redding location.