Listing Agency: Ethan Conrad Properties Show Phone

Listed By: Race Merritt · License #01700659 Show Phone

Source: Moodyscre

Added: Dec 12, 2023 Changed: Jul 28 Last Checked: Aug 1 at 4:02AM

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Investment Insights

Based on property information with market context.

Cobblestone Shopping Center is a neighborhood shopping center offering retail space within a concentrated retail and service environment. Monument signage is available, and the center is noted for excellent visibility on Hartnell Ave. A rent discount of 30% is available until the anchor space is at least 50% leased, with the incentive extended up to 12 months from lease commencement.

The property is positioned adjacent to a planned Dignity Health medical campus that will include 3 medical office buildings totaling 129,600 SF, with construction slated to commence soon. Neighboring national tenants include America’s Tire and Round Table Pizza, alongside multiple auto dealerships.

The center also offers easy access to the freeway, supporting convenient customer access for everyday retail traffic.

Key Highlights

• Neighborhood shopping center in the heart of Redding, adjacent to a planned Dignity Health medical campus of 3 buildings totaling 129,600 SF
• Excellent visibility on Hartnell Ave with monument signage available
• Nearby national tenants include America’s Tire and Round Table Pizza, plus auto dealerships including Chevrolet, Toyota, Nissan, Kia, and Subaru

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Garden Center Carpet & Flooring Store Storage Facility Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,418

Businesses Nearby

50k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 58% Dining 16% Office Supplies 16% Hotels & Casinos 4%

Guadalajara Dining

8,257 visits/mo 0.3 miles

Office Depot Office Supplies

7,949 visits/mo 0.4 miles

Lithia Toyota Of Redding Shops & Services

5,581 visits/mo 0.2 miles

Speedway Shops & Services

5,153 visits/mo 0.2 miles

America's Tire Store Shops & Services

3,737 visits/mo 0.1 miles

Demographics for 96002, CA

35,158

Population

13,685

Households

2.6

Avg Household Size

39

Median Age

22%

College-Educated

93%

High-School Grad

30.6 sq mi

ZIP Area

1,149

Density / Sq Mi

$74,230

Median Household Income

$40,454

Median Earnings

$1,281

Median Rent

$347,500

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Neighborhood retail center with monument signage and excellent visibility, positioned adjacent to a planned Dignity Health medical campus.

Where is this shopping center located?

The property is located at 10-190 Hartnell Ave Redding, CA.

What are key features of this property?

This property features: Neighborhood shopping center in the heart of Redding, adjacent to a planned Dignity Health medical campus of 3 buildings totaling 129,600 SF; Excellent visibility on Hartnell Ave with monument signage available; Nearby national tenants include America’s Tire and Round Table Pizza, plus auto dealerships including Chevrolet, Toyota, Nissan, Kia, and Subaru