3652 Eureka Way Redding, CA $ 1,200,000
3652 Eureka Way
$ 1,200,000
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3652 Eureka Way

Redding, CA, 96001
$ 1,200,000
Baths0.0 Sq 3,905

Monthly Estimate*

$ 7,976

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Studio

Pending for sale in Redding, CA

for $1,200,000. This 3,905 square foot home was built in 2002 on a lot size of 0.75.

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. See documents section for brochure.

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Pending Pending

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Pending

Taxes

$ 0

Style

None

Lot Size

0.75

Year Built

2002

Town/City

Redding

County/Region

Shasta

MLS | Web ID

242138

Features
General
Possession Close Of Escrow
Year Built 2002
County Shasta
Property Type Comm/Industrial
Status Pending
Directions Nearby Whiskeytown Lake provides outdoor recreational opportunities while the renowned Sundial Bridge and Turtle Bay Exploration Park offer cultural enrichment.
City Redding
View Y/N N
Zoning Description Redding GO General Office
MLS Area 01 - NW Redding
Lot Size Units Square Feet
Lot Size Square Feet 32670.0
Street Name Eureka Way
Lease Renewal Y/N N
MLS Area Minor 01 - NW Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 16
Standard Status Pending
Senior Community None
New Construction None
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Exterior
Parking Features Off Street
Lot Size Area 32670.0
Spa N
Building Area Total 3905.0
Lot Size Acres 0.75
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 3652
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* Excluded Features
List By
Ryan B Haedrich

Listing Agent

Capital Rivers Commercial

Broker

Affordability Calculator

$7,976
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$1,200,000 Listed Price

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3652 Eureka Way, Redding, CA, 96001 is a Pending for sale at $1,200,000 with 3,905 sqft and a lot size of 0.75. 3652 Eureka Way is a studio with 0.0 baths and was built in 2002. The property's zip code is 96001 which is in Redding, CA