Mountain Lakes Center

4300 Caterpillar Road, Redding, CA 96003

Accepting Offers
Mountain Lakes CenterMountain Lakes CenterMountain Lakes CenterMountain Lakes Center
Asking Price

$11,995,000

Mountain Lakes Center

4300 Caterpillar Road, Redding, CA 96003

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1971

Land Area: 12.98 Acres

Parking Count: 325

Property Size: 228,568 SF

Property Type: Industrial

Occupancy %: 95

Year Renovated: 2012

Number of Floors: 2

NOI: 1,143,544

Investment Highlights

  • 96% Occupancy - Stabilized Investment
  • Upside potential with lease of 2 vacant units
  • Central location in Mountain Lakes Industrial Park
  • Highly established industrial complex
  • Redding, CA - Regional Center
  • Halfway between Sacramento, CA and Medford, OR
  • Equidistant between Seattle and Los Angeles
  • Convenient proximity to I-5
  • 12.98 Acres
  • 325 Parking spaces
  • 9 Loading Docks
  • Clear Height 24-28'
  • Roof - Metal with Insulation
  • Fire Suppression - Automatic Wet System
  • Elevator in a 2-story office
  • Redding Electric Utility - Water, Sewer, Trash, Electricity
  • PG&E - Gas Utility
  • Zoned GI - General Industrial in City of Redding
  • Electrical Service: 3700 Amps 277/480V
  • Built in 1971, Substantial renovation in 2012
  • Key corner of Beltline Rd and Caterpillar Rd
  • Approx. 75,500 SF of Office Space
  • Approx. 153,068 SF of Industrial Space

Multi-tenant Industrial Complex for Sale 95% Leased

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.

Sale FAQs

Investment Sales Broker

Jess Whitlow, CCIM

Jess Whitlow, CCIM

Cox Real Estate Consultants - Jess Whitlow

CA License: 01941996

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXX

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