3652 EUREKA WAY
REDDING, CA 96001
$1,200,000
0 Beds
0 Baths
N/A Sq Ft
Status Active
MLS# 24-2143
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. About tenant; https://www.paradigm-research.com/about-us See documents section for brochure.
Details for 3652 EUREKA WAY
0 parking spaces
16 Days on website
0.75 acres lot
Area Information for 3652 EUREKA WAY
