1175 Hartnell Ave

    Redding, CA 96002
    • $1,200,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 19-5080
    UPDATED: 15 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,592
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    National retailer, Harbor Freight Tools, has anchored this fully-leased building since 1993 with several years remaining on current lease term. Two additional smaller tenants occupy the upstairs offices. Great investment property with excellent cash flow.The building has a multi-suite floor plan including 7 private offices, 4 bathrooms, and a large open retail space. It is located near the corner of Hartnell and Churn Creek with excellent visibility. Roof was recently recoated and landscaping and irrigation are new this year. Presently the building is fully occupied with longstanding tenants.

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    IDX information © 2019 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2019-10-20T20:59:08.417.

    Licensed in the State of California.
    www.shastacounty530.com/homes/99139276

    1175 Hartnell Ave Redding, CA 96002

    • Price: $1,200,000
    • Status: Active
    • Updated: 15 min ago
    • ID#: 19-5080
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    12,592
    SQFT
    $95
    $/SQFT
    Neighborhood:
    03 - SE Redding
    County:
    Shasta
    Area:
    03 - SE Redding
    Property Description
    National retailer, Harbor Freight Tools, has anchored this fully-leased building since 1993 with several years remaining on current lease term. Two additional smaller tenants occupy the upstairs offices. Great investment property with excellent cash flow.The building has a multi-suite floor plan including 7 private offices, 4 bathrooms, and a large open retail space. It is located near the corner of Hartnell and Churn Creek with excellent visibility. Roof was recently recoated and landscaping and irrigation are new this year. Presently the building is fully occupied with longstanding tenants.
    Exterior Features

    Exterior MetalStucco Parking Off Street Parking Off Street Spaces 49.00 Roof Metal

    Interior Features

    Floors ConcreteTileWall To Wall Carpet Heat Cool Central AirCentral Heat Sq Ft Bldg Rentable 12592.00

    Property Features

    Addl Lease Info Months Remaining 47.00 Addl Lease Info Tenants 3.00 Business Type OfficeRetailWarehouse Cap Rate 6.70 Expense Data Source Owner Actual Financial Info Complete Package Yes GPZone Red Gc - General Commercial Gross Income 118673.00 Lease Term 1 - 2 Years3 - 5 Years Lease Type Modified Gross Miscellaneous SignageTruck Door Net Income 79926.00 Operating Expenses 38746.00 Possession Close Of Escrow Present Use ManufacturingOfficeRetailWarehouse Sub Zoning Conforming Type X Utilities 110VGasPublic WaterSeparate MeterSewer Year Built Description 30+ Zoning Red - C-2 - Central Commericial District

    Listing provided courtesy of Janice C. Cunningham, Cre of Cox Real Estate Consultants, Inc..


    IDX information © 2019 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2019-10-20T20:59:08.417.

    Licensed in the State of California.
     
    For Sale By Owner Real Estate
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    Redding CA, 96002