930 Executive Way, Redding, CA 96002
$2,535,000
Property Type:
Comm/Industrial
Square Footage:
14,750
Status:
Closed
Current Price:
$2,535,000
List Date:
5/15/2025
Last Modified:
7/01/2025
Description
Arguably one of the most prestigious office buildings in Redding, CA, this 100% occupied professional office property is an ideal investment. At 14,750 square feet, this building is located in Central Redding, providing easy access to Interstate 5 and Highway 44. Offering an executive aesthetic, this two story brick building with floor to ceiling windows, and first class suites. Priced at just $182 per sq ft, this is well below the replacement cost for a building of this quality with a cap rate of just 6.7%
Suite 125 is Leased through September 2028
Suite 150 Is Leased through November 2026
Suite 200 Is Leased through May 2026
Suite 201 is leased through January 2028
Parking for this building is at a rate of 3 spaces per 1,000 sq ft for a total of 45 spaces.
More Information MLS# 24-4741
Address Information
Street Number: 930
Street Name: Executive
Cross Street: Larkspur Lane
Street Suffix: Way
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Current Price: $2,535,000
Area: 03 - SE Redding
List Price: 2690000
Parcel Number: 107-190-034
Sq Ft - Building: 14750
SqFt - Bldg Rentable: 14750
SqFt - Bldg Usable: 14750
Lot Dim or Acres: 0.73
GP Zone: RED GO - General Office
Zoning: Redding Go-BH General Office Building Height
Year Built: 1993
Year Built Desc: 30+
Remarks
Public Remarks: Arguably one of the most prestigious office buildings in Redding, CA, this 100% occupied professional office property is an ideal investment. At 14,750 square feet, this building is located in Central Redding, providing easy access to Interstate 5 and Highway 44. Offering an executive aesthetic, this two story brick building with floor to ceiling windows, and first class suites. Priced at just $182 per sq ft, this is well below the replacement cost for a building of this quality with a cap rate of just 6.7%
Suite 125 is Leased through September 2028
Suite 150 Is Leased through November 2026
Suite 200 Is Leased through May 2026
Suite 201 is leased through January 2028
Parking for this building is at a rate of 3 spaces per 1,000 sq ft for a total of 45 spaces.
Directions: Ideally located in the center of Redding between Churn Creek Rd and Hilltop Dr, the City's primary retail corridor. Easy access to both I-5 and Highway 44.
Mistletoe Lane, South to Larkspur Lane, East to Executive Way.
Contract Information
Listing Contract Date: 2024-11-06
Status: Closed
Sold Date: 2025-07-01
Under Contract Date: 2025-05-15
Sold Price: $2,535,000
List Date: 2024-11-06
Property Features
Business Type: Office
Present Use: Office
Parking: Off Street
Possession: Close of Escrow
Selling Terms: Conventional
Documents
Sale Brochure ›Listing Office: Capital Rivers Commercial
Last Updated: July - 01 - 2025
Information deemed reliable but not guaranteed.