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Mountain Lakes Center

4300 Caterpillar Rd, Redding, California 96003
$11,995,000
Mountain Lakes Center

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
228,565 sqft
Land Size
12.98 acres
Sewer
City of Redding
Water
City of Redding
Zoning
General Industrial
Electric
City of Redding
Year Built
1971
Roof
Metal with Insulation
Power:
3700 amps, 277/480V
Parking
325
Occupancy:
96%
Renovation:
Substantial renovation in 2012
Clear Height:
24-28'
Proforma Cap:
8.35%
Loading Docks:
9

Property Description

Mountain Lakes Center is a premier 228,568 SF industrial complex situated within the expansive Mountain Lakes Industrial Park in Redding, CA, home to more than 1.2 million square feet of industrial space just west of Interstate 5. Positioned at the intersection of Caterpillar Road and Beltline Road, the property benefits from convenient access to I-5 in multiple directions.

Redding, CA, is a preferred location for industrial and business operations, serving as a regional hub within a several-hour drive of every direction. Redding's ample outdoor recreation opportunities offer 200+ miles of paved walking trails, abundant lakes, and easy access to National Parks, all paired with a cost of living well below that of much of the rest of California, which together support workforce recruitment and retention.

Mountain Lakes Center is currently 96% leased to a diverse mix of tenants. Two vacancies offer a compelling value-add opportunity for an investor or owner-user in a well-located property within one of Redding's premier industrial parks.

Location