2466 Progress Drive, Redding, CA 96001 (MLS # 25-1735)

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PRICE $905,000 SIZE 5,632 sqft LOT SIZE 20,909 sqft Request More Info Schedule a Showing

Seize the opportunity to acquire a turnkey industrial investment with strong in-place income and minimal management demands. This approximately 5,632-sqft light industrial warehouse, situated on a 20,908-sqft parcel, is fully leased to established tenants under long-term agreements running through May 2028. Built in 2007, the property offers good construction quality, functional design, and efficient utility for a variety of industrial users. Located in Redding's active and accessible industrial zone, this asset benefits from close proximity to Interstate 5 and major regional connectors. The building features generous clearance heights, multiple roll-up doors, flexible floor plan layouts, and on-site parking"”making it an ideal home for light manufacturing, distribution, or service-oriented operations in the future. With strong tenant performance and zero current vacancies, this is an ideal option for investors seeking stable, predictable returns in a growing Northern California market. Investment Highlights: ~5,632 SF industrial building ~20,908 SF lot with functional layout and access. This includes a front office area with private offices, and large open-bay warehouse space. - Built in 2007 with durable, low-maintenance construction - Fully leased through May 2028 to long-term tenants - Excellent location with quick access to I-5 and major arterials - Zoned for a wide range of light industrial uses. The opportunities are endless to build out this great space for your future needs, all while enjoying the security of having a tenant in place for excellent cash flow.