$2,900,000
Redding, CA 96001
MLS# 14-721
Status: Closed
10300 sqft
1 / 21
Property Description
Investment property with strong cash flow from national tenant. MOB investment with surgery center and physicians office. Two tenants with long-term leases.
Details
Maps
Address Information
Cross Street: Airpark Drive
Street Number: 2439
Street Name: SONOMA ST
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
List Price: 3400000
Parcel Number: 104-880-031
Lot Dim or Acres: 2.39
Sq Ft - Building: 10300
GP Zone: RED GO - General Office
Zoning: RED - C-O - Office District
Year Built Desc: 11-20 Years
Current Price: $2,900,000
Area: 04 - SW Redding
Remarks
Public Remarks: Investment property with strong cash flow from national tenant. MOB investment with surgery center and physicians office. Two tenants with long-term leases.
Directions: West on Highway 44. Left on Court Street. Right on Sonoma Street. Property is on the left.
Business Type
Office: 1
Present Use
Medical/Dental: 1
Floors
Wall to Wall Carpet: 1
Parking
Conforms to Zoning: 1
Off Street: 1
Sale Inclusions
Lease: 1
Lease Type
Negotiable: 1
Net-Triple: 1
Lease Term
3 - 5 Years: 1
6 - 10 Years: 1
Addl Lease Info
# of Tenants: 2
Utilities
Gas: 1
Master Meter: 1
Public Water: 1
Sewer: 1
Storm Sewer: 1
Telephone: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Expense Data Source
Broker Estimate: 1
Owner Actual: 1
Projected: 1
Tax Return: 1
Heat/Cool
Central Air: 1
Central Heat: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Contract Information
Status: Closed
Sold Date: 2014-05-13
Under Contract Date: 2014-03-04
Sold Price: $2,900,000
List Date: 2014-02-20
Property Features
Business Type: Office
Present Use: Medical/Dental
Parking: Conforms to Zoning; Off Street
Sale Inclusions: Lease
Lease Term: 3 - 5 Years; 6 - 10 Years
Lease Type: Negotiable; Net-Triple
Expense Data Source: Broker Estimate; Owner Actual; Projected; Tax Return
Floors: Wall to Wall Carpet
Utilities: Gas; Master Meter; Public Water; Sewer; Storm Sewer; Telephone
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
IDX
Listing Office: Haedrich & Co., Inc.
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.