$11,995,000
Redding, CA 96003
MLS# 26-4430
228568 sqft
1 / 37
Property Description
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.
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Property Description
Property Sub Type: Industrial
List Price: 11995000
Parcel Number: 114-440-001
Addl. Parcel Number: 114-300-020
Lot Dim or Acres: 12.98
Sq Ft - Building: 228568
GP Zone: RED GI - General Industry
Zoning: RED - M-2 - Industrial District
Year Built Desc: 30+
Current Price: $11,995,000
Area: 01 - NW Redding
Year Built: 1971
Address Information
Street Suffix: Road
Cross Street: Beltline Rd
Street Number: 4300
Street Name: Caterpillar
State/Province: CA
Postal Code: 96003
County: Shasta
Remarks
Public Remarks: 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.
Directions: Located in the primary industrial park in Redding, CA, less than 1 mile from I-5. This multi-tenant industrial complex is located at the northeast corner of Caterpillar Rd and Beltline Rd.
Contract Information
Listing Contract Date: 2026-08-28
Status: Active
List Date: 2026-08-28
Business Type
Industrial: 1
Office: 1
Present Use
Manufacturing: 1
Office: 1
Warehouse: 1
Parking
Common: 1
Off Street: 1
# Off Street Spaces: 325
Lease Term
Varies: 1
Available Terms
All Cash to Seller: 1
Possession
Close of Escrow: 1
Financial Info
Gross Income $: 1452458
Price/SqFt-Building: 50.29
Net Income $: 1143544.24
Cap Rate: 9.53
GRM: 9.97
Property Features
Business Type: Industrial; Office
Present Use: Manufacturing; Office; Warehouse
Parking: Common; Off Street
Lease Term: Varies
Available Terms: All Cash to Seller
Possession: Close of Escrow
4300 Caterpillar Road OM 
IDX
Listing Office: Whitlow Commercial Real Estate, Inc.
Last Updated: August - 28 - 2026
Information deemed reliable but not guaranteed.