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    2150 Churn Creek Rd

    Redding, CA 96002
    • $1,995,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: 20-3847
    UPDATED: 54 min ago
    $1,995,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $166
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1992
    County:

    School Ratings & Info

    Description

    100% Leased Investment with 6.2% CAP RateProfessional two-story multi-tenant office building with elevator. First floor leased through February 2023 and the second floor leased through December 2024 with a 5-year option to extend. 3% annual escalations in leases. Building is located on a heavy trafficked corridor with traffic counts of approximately 20,000+ cars per day.

    Monthly Payment Calculator



    IDX information © 2020 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-10-24T06:59:11.187.

    Licensed in the State of California.
    www.searchshasta.com/homes/108683066
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    2150 Churn Creek Rd Redding, CA 96002

    • Price: $1,995,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 20-3847
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    12,000
    SQFT
    $166
    $/SQFT
    1992
    Built
    Neighborhood:
    03 - SE Redding
    County:
    Shasta
    Area:
    03 - SE Redding
    Property Description
    100% Leased Investment with 6.2% CAP RateProfessional two-story multi-tenant office building with elevator. First floor leased through February 2023 and the second floor leased through December 2024 with a 5-year option to extend. 3% annual escalations in leases. Building is located on a heavy trafficked corridor with traffic counts of approximately 20,000+ cars per day.
    Exterior Features

    Lot Dim Or Acres 0.62 Parking CommonConforms To ZoningOff Street

    Interior Features

    Heat Cool Central AirCentral Heat

    Property Features

    Available Terms All Cash To SellerCashCash To New Loan Business Type Office GPZone Red Gc - General Commercial Lease Type Modified Gross Possession Close Of Escrow Present Use Office Type C Year Built Description 21-30 Years Zoning Red - C-2 - Central Commericial District

    Listing provided courtesy of Bill Haedrich, Mai of Haedrich & Co., Inc..


    IDX information © 2020 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2020-10-24T06:59:11.187.

    Licensed in the State of California.
     
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    Wise House Realty | United Realty Group
    1823 Court St.
    Redding CA, 96003