Two-Tenant NNN
For Sale
Contact for pricing
Pending
1755 Hilltop Dr, Redding, CA 96002
Fully occupied commercial asset with long-term leases and multiple extension options.
Property SizeContact for details
Days on Market141
Property Features for 1755 Hilltop Dr
General Information
Standard status
Pending
Property subtype
Special Purpose
Occupancy
100%
Site & Location
Traffic Count
129,500 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This fee-simple commercial property in Redding, California, includes land and building ownership and is occupied by two tenants: Planet Fitness and Institute of Technology. The property operates under NNN lease structures, with Planet Fitness committed to a 10-year term plus two 10-year renewal options and scheduled increases every 5 years. Institute of Technology has exercised a 5-year option and retains one additional extension option.
The asset is positioned on Hilltop Dr. near access to Interstate 5 and State Highway 44. Combined traffic on the two routes averages 129,500 vehicles daily. The property is across from Mt. Shasta Mall, a 316,661-square-foot regional shopping center with tenants including Macy’s, PetSmart, T.J. Maxx, FoodMaxx, Sprouts, Trader Joe’s, Barnes & Noble, and The Home Depot. The surrounding 5-mile trade area includes more than 98,700 residents and an average household income of $91,714.
The asset is positioned on Hilltop Dr. near access to Interstate 5 and State Highway 44. Combined traffic on the two routes averages 129,500 vehicles daily. The property is across from Mt. Shasta Mall, a 316,661-square-foot regional shopping center with tenants including Macy’s, PetSmart, T.J. Maxx, FoodMaxx, Sprouts, Trader Joe’s, Barnes & Noble, and The Home Depot. The surrounding 5-mile trade area includes more than 98,700 residents and an average household income of $91,714.
Key Highlights
- Two‑tenant property is 100% occupied by Planet Fitness and Institute of Technology
- NNN leases in place for both occupants
- Planet Fitness lease includes a 10‑year term, two 10‑year options, and increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
129,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
436k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 29%
Groceries 10%
Apparel 5%
In-N-Out Burger
Dining
44,951 visits/mo
0.5 miles
Dutch Bros. Coffee
Dining
32,647 visits/mo
0.5 miles
McDonald's
Dining
31,087 visits/mo
0.5 miles
FoodMaxx
Groceries
30,456 visits/mo
0.5 miles
Red Robin Gourmet Burgers
Dining
26,776 visits/mo
0.4 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully occupied commercial asset with long-term leases and multiple extension options.
Where is this nnn property located?
The property is located at 1755 Hilltop Dr Redding, CA.
What are key features of this property?
This property features: Two‑tenant property is 100% occupied by Planet Fitness and Institute of Technology; NNN leases in place for both occupants; Planet Fitness lease includes a 10‑year term, two 10‑year options, and increases every 5 years
