2269 Hartnell Ave 9,500 SF 100% Leased Industrial Building Redding, CA 96002 $1,358,000 ($142.95/SF) 5.50% Cap Rate

This property is centrally located with excellent exposure and is close to the new Holiday Market Shopping Center. The daily traffic count on Hartnell Avis is 11,600 vehicles per day. The property has a commercial building with 9,500 SF of rentable space. The first floor is approximately 8,000 SF, whcih is divided into 4 separate rental spaces. There are 2-12'X14' industrial roll up doors. The upstairs level has 2 separate offices that are approximately 750 SF each and each office has it's own bathroom. The building is fully leased. Each tenant is on an annual lease agreement. Tenants include a business products company, a general building contractor, an advertising company and a therapist. The property maintenance costs are low and the property is easy to manage. Other uses for the property include wholesale, distribution and warehouses businesses, as well as others that are allowed in General Commercial zoning.