1642-1710 Canby Road
Cell Tower Lease in Place with AT&T - Recently improved with 5G Technology
Marketing description
Four level commercial parcels zoned general office along Churn Creek Road now available. Adding to its value, the north parcel features a recently upgraded cell tower equipped with AT&T 5G infrastructure. This tower generates reliable monthly income under a five-year lease agreement initiated in March 2021, currently paying $1,600 per month with annual rent escalations. With its strategic location, visibility, and income potential, this property offers flexible development possibilities across its four distinct parcels.
Located along Churn Creek Road these four contiguous commercial parcels present an excellent opportunity for development. Zoned for general office use, the property benefits from high visibility and accessibility. A traffic signal at the intersection of Churn Creek Road and Presidio Street offers direct entry into the property, with additional access via Canby Road. The strategic positioning ensures excellent visibility for businesses operating at this location.
Investment highlights
Four level parcels zoned General Office along Churn Creek Road in Redding, CA.
High visibility along Churn Creek Road.
Includes improved cell tower with $1,600 monthly income and AT&T 5G infrastructure.
Accessible via traffic signal at Churn Creek Road and Presidio Street, with secondary access from Canby Road.
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