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125 E Cypress Ave
Redding, CA 96002
Retail Property For Sale
Investment Highlights
- Excellent Long-Term Tenancy
- Drive Through Building
- True NNN Lease
- Excellent area for Lube Center
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,936 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.48 AC
Zoning
C3
Parking
7 Spaces (3.62 Spaces per 1,000 SF Leased)
Frontage
288’ on E Cypress Ave
Amenities
- Corner Lot
- Drive Thru
About 125 E CYPRESS AVE , REDDING, CA 96002
Magnificent opportunity to own an investment property with great income in Redding California. Excellent area for Lube Center, this property conveniently located in Redding Auto mall center. Seller will sign a New Lease for 10 years with 4 five years option with 10% increase every 5 years prior to the close of escrow and starting at close of escrow. Easy access, free standing, drive through building with excellent visibility. Great 1031 exchange investment for your picky investors. No expense to your client and true NNN Lease.
Property Taxes
| Parcel Number | 107-430-050-000 | Improvements Assessment | $397,953 |
| Land Assessment | $344,892 | Total Assessment | $742,845 |
Property Taxes
Parcel Number
107-430-050-000
Land Assessment
$344,892
Improvements Assessment
$397,953
Total Assessment
$742,845
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