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32022592
32022591

1400 Beltline Road, Redding, CA 96003

SP
CA CA 01887963
eXp Commercial of California Inc.
Listed by eXp Commercial of California Inc.
$2,850,000
37 days on market
Updated 10 days ago

1400 Beltline Road

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 19,044
Units 15
Cap Rate 6.25%
NOI $167,563
Occupancy 100%
Tenancy Multi
Brand/Tenant AmeriGas, 15-Units Contractor Storage
Lease Type Modified
Lease Term 10
Lease Expiration 10/31/2031
Remaining Term 5.4
Rent Bumps Yes
Lease Options 2- Five Year
Year Built 1990
Year Renovated 2002
Acreage 2.910
Investment Type Stabilized
Lease Commencement 11/01/2021
Ground Lease No

1400 Beltline Road, Redding, CA 96003

Marketing description

This offering presents a rare opportunity to acquire a rail-served industrial asset in Redding, California, combining stabilized income, functional infrastructure, and future upside. The property is anchored by a long-term propane distribution tenant utilizing a dedicated rail spur, enabling efficient bulk delivery and reinforcing the site's strategic importance for industrial use.

In addition to the primary tenancy, the property includes fifteen (15) contractor storage units that provide consistent supplemental income while serving strong demand from local trades and service providers. The site is further enhanced by approximately ±1 acre of excess land, offering flexibility for expansion, additional unit development, or yard use, creating a clear path for increased revenue.

Located within an established industrial corridor with convenient access to Interstate 5 and Highway 273, the property supports efficient regional distribution and logistics.

Investment highlights

  • Rail-served industrial property with dedicated spur access
  • Long-term propane distribution tenant providing stable, in-place income
  • Fifteen (15) contractor storage units generating supplemental cash flow
  • Diversified income streams reduce vacancy risk
  • Approximately ±1 acre of excess land for expansion or additional income

Listing Contacts

SP
CA CA 01887963
eXp Commercial of California Inc.
Listed by eXp Commercial of California Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,563.00
$13,963.58/mo

Valuation Metrics

0
DSCR
5.88%
Cap Rate
5.88%
ROI

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Additional Information

Name
Scott Pewitt
License
CA 01887963
Brokerage
eXp Commercial of California, Inc.
Brokerage Phone
530-227-2004
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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