4300-4356 Caterpillar Rd - Manufacturing FOR SALE


Redding, CA 96003
$11,995,000 USD
530-605-5169
4300-4356 Caterpillar Rd, Redding, CA for Sale
$11,995,000 USD
Manufacturing - FOR SALE
1/33
null | 9.53% Cap Rate

4300-4356 Caterpillar Rd
Redding, CA 96003


HIGHLIGHTS

  • 96% Occupancy - Stabilized Investment
  • Central Location in the Mountain Lakes Industrial Park
  • Convenient proximity to I-5
  • 12.98 acres with 325 parking spaces
  • Zoned General Industrial
  • Key corner of Beltline Rd and Caterpillar Rd

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$11,995,000 USD

PRICE/SF

$52 USD /SF

CAP RATE

9.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

28 Ft

DOCKS

9

DRIVE INS

3

PARKING SPACES

325

LAND DETAILS

LAND ACRES

12.98

LAND SF

565,409

ZONING

GI

APN/PARCEL ID

114-300-020-000,114-440-001-000

ASK ABOUT THIS PROPERTY

Jess WhitlowWhitlow Commercial Real Estate Inc.More Info
530-605-5169

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Jess WhitlowWhitlow Commercial Real Estate Inc.More Info
530-605-5169

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.