8540 Airport Rd, Redding, CA 96002
$1,100,000
Property Type:
Comm/Industrial
Square Footage:
8,216
Status:
Closed
Current Price:
$1,100,000
List Date:
8/30/2019
Last Modified:
8/31/2024
Description
Airport Commerce Center presents a stable, fully leased retail/office investment. 3 separate structures on 1.15 acres. Primary structure is a single tenant that has been in place for 5+ yrs and is growing. Building was originally designed to support 4-5 tenants and could be remodeled for alternative occupancy scenarios. 2 drive-thru kiosk building in front. High traffic & work force population.
More Information MLS# 19-4709
Address Information
Street Number: 8540
Street Name: Airport Rd
Cross Street: Engineers Lane
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $1,100,000
Type: CI
Area: 03 - SE Redding
List Price: 1200000
Parcel Number: 054-400-027
Sq Ft - Building: 8216
Lot Dim or Acres: 1.15
GP Zone: RED GC - General Commercial
Zoning: RED - C-2 - Central Commericial District
Year Built: 2004
Year Built Desc: 11-20 Years
Remarks
Public Remarks: Airport Commerce Center presents a stable, fully leased retail/office investment. 3 separate structures on 1.15 acres. Primary structure is a single tenant that has been in place for 5+ yrs and is growing. Building was originally designed to support 4-5 tenants and could be remodeled for alternative occupancy scenarios. 2 drive-thru kiosk building in front. High traffic & work force population.
Directions: Corner of Airport Road and Engineers Lane.
Contract Information
Status: Closed
Sold Date: 2021-03-10
Under Contract Date: 2020-09-02
Sold Price: $1,100,000
List Date: 2019-08-30
Property Features
Business Type: Office; Retail
Present Use: Food Service; Office; Retail
Parking: Common; Conforms to Zoning
Sale Inclusions: Land; Lease
Sub Zoning: Conforming
Exterior: Stucco
Roof: Composition
Lease Term: 1 - 2 years; 3 - 5 Years
Lease Type: Modified Gross
Expense Data Source: Owner Actual
Floors: Concrete
Utilities: 110V; 220V; Sewer; Telephone; Water
Available Terms: Cash to New Loan; New Loan
Photo: Agent Upload
Possession: Close of Escrow
Selling Terms: New Loan
Listing Office: Northstate Commercial Partners
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.