2410 Progress Drive, Redding, CA 96001

Property Description

Institutional Quality with Expansion Path - Eastside Road Self Storage is a premier, high-occupancy asset positioned to capture the accelerating industrial and logistics growth in Redding, California. Unlike typical storage offerings, this facility offers expansion potential for 213 units, providing a clear and immediate path to increased yield on 1.74 acres of surplus land. The asset is currently operating at a remarkable 98% physical occupancy by square footage, significantly outperforming the California regional average. This stability is driven by a diverse unit mix (ranging from 5'x10' to 14'x42') that serves both residential needs and high-demand commercial/RV storage. There are a total of 577 units. The facility is strategically located just east of State Highway 273 within a General Industrial zone. It is perfectly positioned to benefit from Redding's emergence as a regional logistics hub, highlighted by the new Amazon delivery facility (completing 2026) and major local employers like Mercy Medical Center and Costco. Situated on approximately 7.12 acres, the facility comprises 16 buildings totaling 94,238 rentable storage square feet. The property is meticulously maintained, featuring durable steel-frame construction with metal roofs and a sophisticated security suite including gated keypad entry, and 24-hour camera surveillance.