415 Knollcrest Dr | Redding, CA 96002
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- LoopNet Team
415 Knollcrest Dr
Redding, CA 96002
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased multi-tenant investment property in Redding’s Redcliff Business Park
- Competitively priced at $175 per square foot, below replacement cost and comparable sales
- Cap Rate of 7% based on stabilized expenses
- Current rental rates are considered below market, presenting opportunities for growth and increased returns for the next owner
- 52 off-street parking spaces supporting tenant and client convenience
PROPERTY FACTS
Property Type
Office
Building Size
15,132 SF
Building Class
C
Year Built
1988
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
15,132 SF
Building FAR
0.34
Lot Size
1.03 AC
Zoning
LO - Limited Office
Parking
52 Spaces (3.44 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 107-370-029-000 | Improvements Assessment | $2,000,000 |
| Land Assessment | $500,000 | Total Assessment | $2,500,000 |
PROPERTY TAXES
Parcel Number
107-370-029-000
Land Assessment
$500,000
Improvements Assessment
$2,000,000
Total Assessment
$2,500,000
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