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2535 Ellis St
6,500 SF Retail Building Redding, CA 96001 £547,714 (£84/SF) 5.57% Net Initial Yield
Investment Highlights
- Single-Tenant, Net leased property
- Market rent renewal option
- Good quality building with sizable, fenced and paved yard
- Highly stable rental history
- 20' pylon sign provides exposure on Hwy 273
Executive Summary
With its sizeable office and shop space, as well as its prime location and automotive zoning, this industrial property in Redding, CA, is an ideal location for businesses in the automotive industry. The lot is large enough to accommodate a variety of business needs, and its location in a thriving commercial district means that businesses will benefit from the foot traffic generated by neighboring businesses. The property is a perfect opportunity for businesses looking to expand their operations or relocate to a new and more advantageous location.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
- Corner Lot
- Fenced Lot
- Pylon Sign
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Wholesaler
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
In 2010 the team saw a need for a high quality rental and leasing option for their refrigerated transport customers. Sonsray Rental & Leasing was founded, and with it the Sonsray brand. Hoelscher was inspired to create the Sonsray logo with the yin and yang symbol in mind. At Sonsray, we know balance in all things is key to success. The name “Sonsray” is a play on the names of Hoeslcher’s children. Sons, to represent his sons, and ray, to represent his daughter. In 2012 Hoelscher expanded his business dramatically to include the construction equipment industry. Sonsray Machinery stretches the length of the West Coast, serving customers from Washington to Arizona. By 2014, Sonsray Inc was established to house our divisions under one corporate roof. Sonsray Rentals joined the family in 2019 to better serve customers interested in machinery rentals.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Wholesaler | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 108-360-019-000 | Improvements Assessment | £167,743 (2024) |
| Land Assessment | £60,539 (2024) | Total Assessment | £228,282 (2024) |
PROPERTY TAXES
-
Ujjal Singh -
Mandheraj Singh -
Applied Commercial
Presented by
2535 Ellis St
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