$1,200,000
Active
16 Days Online
0 Beds0 Baths0 SQFT
Active

3652 Eureka Way Redding, CA 96001

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Positioned in the thriving Redding area, this impressive office building spans 3, 905 square feet and features a single, fully occupied building. With a strong medical tenant, this property presents a compelling investment opportunity for commercial real estate investors. Boasting high end design elements and well-maintained facilities, this asset is poised to deliver a strong and consistent return. Its strategic location provides visibility and accessibility, ensuring long-term appeal for tenants and potential for continued growth. Don't miss the chance to add this high-performing property to your portfolio and benefit from the stability and potential it offers in the dynamic Redding market. Secure Investment with Long-Term Tenant: This stand-alone building is leased to Paradigm Clinical Research under a secure Triple Net (NNN) lease agreement. Signed in September 2021, the initial lease term extends to August 2026, with built-in rent increases of 3% annually. Additionally, Paradigm has the right to extend the lease for three more 5-year terms, offering continued stable income and potential for further rent growth. About tenant; https://www.paradigm-research.com/about-us See documents section for brochure.

  • Property TypeOther
  • NeighborhoodN/A
  • CountyShasta
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site16 Days
  • MLS StatusActive
  • MLS ID Number242143
  • Home Size Source N/A
  • Year Built2002
  • Lot Size0.75 Acres
  • Full BathsN/A
  • Partial BathsN/A

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