4155 Oasis Rd, Redding, CA 96003 (MLS# 24-1203)

$6,700,000

4155 Oasis Rd
Redding, CA 96003
MLS# 24-1203
73377 sqft

1 / 52

Property Description
Welcome to 4155 Oasis Rd, Redding, CA—your next 100% occupied investment. This ±73,377 SF property encompasses ±12,907 SF of office space and ±60,470 SF of industrial/manufacturing space across two distinct buildings. Consisting of approximately ±22.25 acres with just over 5 acres fully fenced, this property also includes a railroad spur making it ideal for distribution in a strategic location in the center of the west coast equidistant between Canada and Mexico. The property is fully occupied by Seco Manufacturing Co., the global leader in designing and manufacturing tools and accessories for surveying, construction, utilities and other industries that use GPS/GNSS technology.

Details

Documents

Address Information

Street Number: 4155

Street Name: Oasis Rd

Cross Street: Beltline Road

State/Province: CA

Postal Code: 96003

County: Shasta

Property Description

Current Price: $6,700,000

Area: 01 - NW Redding

List Price: 6700000

Parcel Number: 114-300-004-000, 005, 006, 007, 047, 048, 050

Addl. Parcel Number: 114-280-018

Sq Ft - Building: 73377

Lot Dim or Acres: 22.25

GP Zone: RED GI - General Industry

Zoning: Redding GI General Industrial

Year Built: 1979

Year Built Desc: 30+

Remarks

Directions: Situated at the corner of Oasis Road and Beltline Road, this property is a straight shot to Interstate 5 (I-5) and has multiple ingress/egress points for easy maneuverability.

Contract Information

Listing Contract Date: 2024-02-16

Status: Active

List Date: 2024-03-26

Commission SO: 2

Commission SO Type: %

Property Features

Business Type: Industrial; Manufacturing; Warehouse

Present Use: Industrial; Manufacturing; Warehouse

Parking: Off Street

Possession: Close of Escrow

Supplements

The buildings include a fully permitted and regulated anodizing line, 2 paint booths, 2 curing ovens, 1 silk screen oven, environmentally conditioned manufacturing space and plenty of storage, with fire sprinklers and expansive power throughout. Using this location as its headquarters, Seco Manufacturing has occupied the property since 1993 with no plan to change. Current lease expires in 2027 but Seco Manufacturing has been consistently extending for 5 years at a time. Current contract cap rate is 6.12% with market rent proforma cap rate at 9.0%. See documents section for brochure.

Listing Office: Capital Rivers Commercial

Last Updated: April - 16 - 2024

4155 Oasis Rd, Redding, CA 96003 - MLS# 24-1203

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.