$13,950,000
MLS# 26-439
228568 sqft
1 / 20
Property Description
Mountain Lakes Center is a premier 228,568 SF industrial complex located within the expansive Mountain Lakes Industrial Park in Redding, CA, with over 1.2 million SF of industrial space just west of I-5. Redding, CA is a preferred location for businesses as a regional hub for a drive radius of hours in each direction and its low utility rates due to Redding Electric Utility (REU) provision of Water, Sewer, Trash and Electric utilities. Redding's ample outdoor recreation opportunities including 200+_ miles of paved walking trails, lakes and National Parks and relatively low cost of living compared to other areas of California, assist with recruitment and retention of workforce. This property is strategically positioned at the intersection of Caterpillar Road and Beltline Road, the property offers excellent connectivity and convenient access to I-5 in multiple directions. Center is currently 95% occupied by a diverse mix of tenants with three remaining vacancies as an opportunity for further value add. Also listed in Investment MLS #26-438
Details
Documents
Address Information
Street Suffix: Road
Cross Street: Beltline Rd
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
List Price: 13950000
Parcel Number: 114-440-001
Addl. Parcel Number: 114-300-020
Lot Dim or Acres: 12.98
Sq Ft - Building: 228568
Sq Ft - Lot: 565409
GP Zone: RED GI - General Industry
Zoning: RED - M-2 - Industrial District
Year Built Desc: 30+
Current Price: $13,950,000
Area: 01 - NW Redding
Year Built: 1971
Remarks
Public Remarks: Mountain Lakes Center is a premier 228,568 SF industrial complex located within the expansive Mountain Lakes Industrial Park in Redding, CA, with over 1.2 million SF of industrial space just west of I-5. Redding, CA is a preferred location for businesses as a regional hub for a drive radius of hours in each direction and its low utility rates due to Redding Electric Utility (REU) provision of Water, Sewer, Trash and Electric utilities. Redding's ample outdoor recreation opportunities including 200+_ miles of paved walking trails, lakes and National Parks and relatively low cost of living compared to other areas of California, assist with recruitment and retention of workforce. This property is strategically positioned at the intersection of Caterpillar Road and Beltline Road, the property offers excellent connectivity and convenient access to I-5 in multiple directions. Center is currently 95% occupied by a diverse mix of tenants with three remaining vacancies as an opportunity for further value add. Also listed in Investment MLS #26-438
Directions: Located in the primary industrial park in Redding, CA, less than 1 mile from I-5. This multi-tenant industrial complex is located at the northeast corner of Caterpillar Rd and Beltline Rd.
Contract Information
Listing Contract Date: 2026-02-02
Status: Active
List Date: 2026-02-02
Business Type
Industrial: 1
Office: 1
Warehouse: 1
Present Use
Industrial: 1
Manufacturing: 1
Office: 1
Parking
Common: 1
# Off Street Spaces: 325
Sale Inclusions
Lease: 1
Lease Term
Varies: 1
Available Terms
All Cash to Seller: 1
Possession
Close of Escrow: 1
Financial Info
Gross Income $: 1353336
Price/SqFt-Building: 61.03
Net Income $: 10585822
Cap Rate: 8.08
GRM: 10.3
Property Features
Business Type: Industrial; Office; Warehouse
Present Use: Industrial; Manufacturing; Office
Parking: Common
Sale Inclusions: Lease
Lease Term: Varies
Available Terms: All Cash to Seller
Possession: Close of Escrow
Mountain Lakes Center OM IDX
Listing Office: Cox Real Estate Consultants, INC.
Last Updated: February - 03 - 2026
Information deemed reliable but not guaranteed.
