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    975 E Cypress Ave Redding, CA 96002

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    For Lease
    $1.25 SF/Yr ($1,688 /Mo)

    Former Rite Aid retail building with drive-thru and parking.

    Property size:
    16,208 SF
    Lot size:
    1.83 Acres

    Property Features for 975 E Cypress Ave

    General Information

    Size
    16,208 SF
    Lot size
    1.83 Acres

    Source: Capital Rivers Commercial Agent Chris Haedrich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redding Retail Building with Drive-Thru

    This is a retail building formerly occupied by Rite Aid, located in Redding, CA. The building has a size of approximately 16,208 square feet and includes a drive-thru. There are approximately 75 off-street parking spaces available, along with an approximately 1,200 square foot secured outdoor patio. The property features retail improvements, including an approximately 65-foot reach-in refrigerator and freezer cold-box. The location benefits from high traffic counts, with over 30,000 cars passing daily at the intersection of Cypress Avenue and Churn Creek Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rite Aid Photo Photo Lab H&H Laundromat Laundromat Paul C. Evans, ... Pharmacy CDReload - Online Bitcoin ... Crypto Atm LibertyX Bitcoin ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Spa & Massage Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Nielsen Gordon K, Francine J. Hutchings, PHARM, Renee L. Wolfe, Pharm, Christopher J. Freed, PharmD, Richard W. James, RPH

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3536745
    Latitude
    40.5705803

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    FAQs

    What type of property is this?
    Drug store - Former Rite Aid retail building with drive-thru and parking.
    Where is this drug store located?
    The property is located at 975 E Cypress Ave Redding, CA.
    What is the lease rate?
    The lease rate is $1.25 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: Over 30,000 cars daily at Cypress Avenue and Churn Creek Road.; - Large parking area: Enjoy ±75 off-street parking spaces.; - Benefit from drive-thru access.
    (530) 351-1160
    Request Owner's contact information
    975 E Cypress Ave Redding, CA 96002
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    Redding, CA 96002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    975 E Cypress Ave Redding, CA 96002
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