Investment Overview
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.
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.