Description
Price Reduced. Sellers motivated. Since 1972 this 2 building complex and real property has been leased to the US Forest Service as administrative office of the Doublehead Ranger District. The current lease commenced 1/1/22 and expires 12/31/2041 with present firm term ending 12/31/31. It is a full service lease with Lessor providing utilities, janitorial, and landscaping. Shell lease rates escalate 3% biennially. Present annual rental rate is $163,503.36. Cap rate is 10.00%
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0BEDS
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1.5ACRES
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0BATHS
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01/2 BATHS
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5,312SQFT
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$130$/SQFT
School Ratings & Info
Description
Price Reduced. Sellers motivated. Since 1972 this 2 building complex and real property has been leased to the US Forest Service as administrative office of the Doublehead Ranger District. The current lease commenced 1/1/22 and expires 12/31/2041 with present firm term ending 12/31/31. It is a full service lease with Lessor providing utilities, janitorial, and landscaping. Shell lease rates escalate 3% biennially. Present annual rental rate is $163,503.36. Cap rate is 10.00%
IDX information © 2025 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2025-01-14T23:58:15.84.
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