Multi-Tenant Retail and Office
2104 HILLTOP DR Redding, CA 96002
For Sale
Contact for pricing
Two established tenants are in place at a highly visible hilltop commercial site with convenient Interstate 5 access.
Property Size5,100 SF
Price / SF$146.86
Days on Market51
Property Features for 2104 HILLTOP DR
General Information
- Standard status
- Active
- Size
- 5,100 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1962
Listing Agency:
REMAX of Redding
(530) 245-1944
Listed By:
Al Naticchioni · License #CA 01035120
Source:
Crexi
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 22 at 11:59AM
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 REMAX of Redding
Investment Insights
Based on property information with market context.
This for-sale commercial property is a multi-tenant retail and office building that totals 5,100 square feet. The property is currently occupied by two established tenants who wish to remain in place, creating stable, ongoing operations for the next owner. The building’s configuration supports a mixed retail and office use profile within a single ownership.
Located on Hilltop Drive in Redding, the property benefits from strong visibility along a prominent commercial corridor. Access is conveniently positioned for regional travel, including proximity to Interstate 5. The surrounding area includes a mix of national, regional, and local businesses, supporting a steady mix of everyday retail and service activity.
For buyers looking for an income-producing property with existing occupancy, this asset offers an immediate tenancy profile with two tenants. It also appeals to operators evaluating a retail and office footprint in a high-exposure location where convenient access matters. Financial information is available upon request to qualified buyers.
Located on Hilltop Drive in Redding, the property benefits from strong visibility along a prominent commercial corridor. Access is conveniently positioned for regional travel, including proximity to Interstate 5. The surrounding area includes a mix of national, regional, and local businesses, supporting a steady mix of everyday retail and service activity.
For buyers looking for an income-producing property with existing occupancy, this asset offers an immediate tenancy profile with two tenants. It also appeals to operators evaluating a retail and office footprint in a high-exposure location where convenient access matters. Financial information is available upon request to qualified buyers.
Key Highlights
- Commercial property built in 1962 on Hilltop Drive in Redding
- Two established tenants in place and wish to remain for continuity of income
- Highly visible hilltop commercial site with convenient access to Interstate 5
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.6k | $19.92 |
| − Vacancy | −$6.0k | −$1.18 |
| EGI | $95.6k | $18.74 |
| − OpEx | −$28.7k | −$5.62 |
| NOI | $66.9k | $13.12 |
5,100 SF · lease $19.92/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$956.0K
$836.5K – $1.12M
NOI $66,919 @ 7.0% cap · market cap 8.93%
Second Best
Office B
$877.3K
$767.6K – $1.02M
NOI $61,410 @ 7.0% cap · market cap 8.20%
Theoretical Best
Specialty Retail
$1.14M
$993.5K – $1.32M
NOI $79,480 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Trends Vintage Marketplace ...
Home Decor Store
FAQs
What type of property is this?
Retail space - Two established tenants are in place at a highly visible hilltop commercial site with convenient Interstate 5 access.
Where is this retail space located?
The property is located at 2104 HILLTOP DR Redding, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Commercial property built in 1962 on Hilltop Drive in Redding; Two established tenants in place and wish to remain for continuity of income; Highly visible hilltop commercial site with convenient access to Interstate 5
