±32,239 SF Investment Medical Office Building Close to Regional Hospitals. Contact us: colliers.com/sacramento

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1 VIEW ONLINE colliers.com/sacramento Cap Rate: 7.50% Stabilized Contact us: Bill Swettenham Senior Vice President Lic. No Eric Ortiz Vice President Lic. No FOR SALE 2701 Old Eureka Way, Redding CA ±32,239 SF Investment Medical Office Building Close to Regional Hospitals Professional office setting with 15 suites located off Eureka Way in western Redding. Current tenants include medical doctors, dentists, and office users. Colliers International 301 University Avenue Ste 100 Sacramento, CA Accelerating success.

2 FOR SALE 2701 Old Eureka Way, Redding CA Recently improved suites, views of Mount Shasta and easy access to highways & freeways. ±126 Parking Spaces Multistory Building Public Transit Bus, Amtrak Highly Visible Location 15 Suites 27,721 Rentable SF 6 Minutes to Downtown Hwy. 299, 44 & I-5 Access Adjacent to Hospitals THE BUILDING Old Eureka Way Eureka Way Foothill Blvd Almond Ave Old Eureka Way This property is located on the west side of Redding. The two upper floors, containing the majority of suites, have been developed with large windows to maximize views of the surrounding mountains. Interior improvements have been made to cater to medical / dental uses, including substantial plumbing, electrical and cabinetry. SITE

3 Gallery Clockwise from top left: Lobby // Exterior Front // Shared Space with Recessed Lighting // Suite // Hallway // Entrance colliers.com/sacramento

4 FOR SALE 2701 Old Eureka Way, Redding CA Property Summary Address 2701 Old Eureka Way, Redding, CA AREA DEMOGRAPHICS Building Type Availability Zoning Existing Multi-Tenant Medical Office Building For Sale or Lease GO: General Office Current Population (2017, within 5 miles) 88,921 APN APN Lot Area Total Rentable Area Vacant SF Suites 15 Location 2.53 Acres 27,721 SF 9,070 SF Year Built 1995 Lease Type The Property is located on Old Eureka Way off of Eureka Way (State Route 299) next to the Nob Hill Subdivision of Redding. Modified Gross Projected Population (2022, within 5 miles) 90,630 Average Household Income (2017, within 5 miles) $65,397 Projected Average Household Income (2022) $73,432 Suite Information Bldg/Unit Tenant Square Feet Total Monthly Rent PSF Term GA Michael O Toole 1,705 $ /31/2026 GB Tri County Vocational 550 $1.41 MTM 1C Larry Pyle 1,200 $ /31/2022 1E Shasta Critical Care 4,281 $ /31/2019 1F Theresa Tioran 1,062 $ /31/2022 1J Shasta Critical Care 2,344 $ /31/2019 2A-2C Ronald Reece 3,060 $ /31/2020 2I Cota Cole 3,164 $1.21 4/01/2019 2L Liberty Law 1,285 $1.26 MTM 1A&1B Available Pro Forma 1,750 $1.50-1I Available Pro Forma 1,956 $1.50-2E Available Pro Forma 1,240 $1.50-2F Available Pro Forma 1,071 $1.50-2H Available Pro Forma 1,991 $1.50-2M Available Pro Forma 1,062 $1.50 -

5 SITE Redding, California WHY REDDING? The City of Redding is the center of trade and commerce for the upstate region of northern California. Redding is the largest city north of Sacramento, with a population of 90,000, and is strategically located on Interstate 5, equidistant between Seattle and Los Angeles. Redding has grown as a thriving business community. The Redding City Council places significant value on both the companies that are here and the ones that will relocate or expand from other areas. The city is the medical hub of rural far northern California, with two major general hospitals, Mercy Medical Center, and Shasta Regional Medical Center, as well as other specialty hospitals. AERIAL OF SCENIC REDDING, CA WHAT WE RE KNOWN FOR In 2004 the Sundial Bridge, designed by world-renowned architectural designer Santiago Calatrava, was completed. The Sundial Bridge casts its gnomon shadow upon a dial to the north of the bridge accurately once a year during the Summer Solstice. With the objective of providing pedestrian access to the north and south of Turtle Bay Exploration Park, the Sundial Bridge has not only lived up to its purpose but has also become an icon for the City of Redding in the present day. MEDICAL SERVICES Veterans medical services Two major hospitals totaling 510 beds and employing 2,200 staff members Several specialized hospitals VIEWS OF MOUNT SHASTA

6 SITE 1.8 MILES 1.7 MILES REDDING Shasta Regional Medical Center 1100 Butte St, Redding, CA 226-bed acute care facility Dignity Health Mercy Medical Center Redding 2175 Rosaline Ave, Redding, CA 267-bed hospital Expense & Evaluation Occupied Rentable Square Feet Vacant Rentable Square Feet Total Rentable Square Feet 18,651 SF 9,070 SF 27,721 SF Net Operating Income $347, Stabilized Cap Rate 7.50% Stabilized Value $4,626, Income Gross Rental Income Existing Rental Income Potential Rent Income Vacancy/Credit Loss (5%) $325,620 $163,260 $488,880 $24,444 Effective Gross Income $464,436 Estimated Total Expenses $117, ($0.36/SF) Cost of Stabilization TI Cost ($20/SF Vacancy) Leasing Commission ($5/SF) Carry Cost ($10/SF) $181,400 $54,420 $90,700 Total Costs ($35/SF) $317,450 Purchase Price $4,300, Net Operating Income $347, Contact us: Bill Swettenham Senior Vice President Lic. No Eric Ortiz Vice President Lic. No VIEW ONLINE colliers.com/sacramento This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). Real estate officer license corporation identification number All rights reserved. Accelerating success.