2466 Progress Drive, Redding, CA 96001

5,632 sqft

Commercial Property
Built in 2007
0.48acre lot
—— car garage
$161/sqft
Listed 3 months ago

Property Description

Seize the opportunity to acquire a turnkey industrial investment with strong in-place income and minimal management demands. This approximately 5,632-sqft light industrial warehouse, situated on a 20,908-sqft parcel, is fully leased to established tenants under long-term agreements running through May 2028. Built in 2007, the property offers good construction quality, functional design, and efficient utility for a variety of industrial users. Located in Redding's active and accessible industrial zone, this asset benefits from close proximity to Interstate 5 and major regional connectors. The building features generous clearance heights, multiple roll-up doors, flexible floor plan layouts, and on-site parking—making it an ideal home for light manufacturing, distribution, or service-oriented operations in the future. With strong tenant performance and zero current vacancies, this is an ideal option for investors seeking stable, predictable returns in a growing Northern California market. Investment Highlights: ~5,632 SF industrial building ~20,908 SF lot with functional layout and access. This includes a front office area with private offices, and large open-bay warehouse space. - Built in 2007 with durable, low-maintenance construction - Fully leased through May 2028 to long-term tenants - Excellent location with quick access to I-5 and major arterials - Zoned for a wide range of light industrial uses. The opportunities are endless to build out this great space for your future needs, all while enjoying the security of having a tenant in place for excellent cash flow.

Listing Status:: Active
Date Added:: June 10, 2025 at 05:00AM
Listing Office:: AD Ventures Realty : 1 760-650-2180
Listing Agent:: Christine Reyes Ducourneau : 916-996-2593
MLS ID:: 25-1735

Flooring: Concrete

This listing courtesy of Christine Reyes Ducourneau, AD Ventures Realty

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Location

Schools Nearby

Enterprise High School

3411 Churn Creek Rd, Redding, CA, 96002

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.