Seco Manufacturing Headquarters, Redding, CA

4155 Oasis Rd Redding, CA 96003

4155 Oasis Rd, Redding, CA, 96003
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FOR SALE
Property Type:
Single Tenant Office
Amount:
$6,700,000
Last Verified:
Mar 27, 2024

Highlights

  • 100% leased industrial/manufacturing investment
  • Seco Manufacturing Company headquarters, occupying the property since 1993
  • Current base rent well below market
  • Current contract cap rate at 6.12%, market rent proforma cap rate at 9.0%
  • Well below replacement costs, estimated over $15,000,000

Description

Welcome to 4155 Oasis Rd, Redding, CA—your next 100% occupied investment. This 73,377 SF property encompasses 10,877 SF of office space and 62,500 SF of industrial/manufacturing space across two distinct buildings. Consisting of approximately 22.25 acres with just over 5 acres fully fenced, this property also includes a railroad spur making it ideal for distribution in a strategic location in the center of the west coast equidistant between Canada and Mexico. The property is fully occupied by Seco Manufacturing Co., the global leader in designing and manufacturing tools and accessories for surveying, construction, utilities and other industries that use GPS/GNSS technology. The buildings include a fully permitted and regulated anodizing line, 2 paint booths, 2 curing ovens, 1 silk screen oven, environmentally conditioned manufacturing space and plenty of storage, with fire sprinklers and expansive power throughout. Using this location as its headquarters, Seco Manufacturing has occupied the property since 1993 with no plan to change. Current lease expires in 2027 but Seco Manufacturing has been consistently extending for 5 years at a time. Current contract cap rate is 6.12% with market rent proforma cap rate at 9.0%.

Prime location in the Mountain Lakes Industrial Park in northern Redding, CA in the center of the western U.S. equally distant between Mexico and Canada. Situated at the corner of Oasis Road and Beltline Road, this property is a straight shot to Interstate 5 (I-5) and has multiple ingress/egress points for easy maneuverability. This incredible location also includes a rail spur for painless distribution/shipping/receiving along the west coast rail system.


Year Built: 1979
Building Size: 73377sq ft
Building Class: A
Lot Size: 22.25 acres

Map of 4155 Oasis Rd, Redding, CA, 96003

Presented by:
Haedrich & Co., Inc.

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Chris Haedrich


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