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    Multi-Tenant Retail and Office Building Title is generated by Realmo AI

    2104 HILLTOP DR, Redding, CA 96002

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    Two established tenants are in place at a highly visible hilltop commercial site with convenient Interstate 5 access.

    Type:Retail, Office
    Property size:
    5,100 SF
    Price / SF:
    $146/SF
    Added:
    Jun 3, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 5:06 am

    Property Features for 2104 HILLTOP DR

    General Information

    Standard status
    Active
    Size
    5,100 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1962

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    Listing Contact
    Al Naticchioni

    Listing agent Al Naticchioni License #CA 01035120

    Listing office REMAX of Redding

    Listing date Jun 3, 2026

    Source Crexi

    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

    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
    • Property located on a prominent commercial corridor with strong traffic counts

    Overview

    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.

    Local 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 (±1% cap)
    NOI $66,919 @ 7.0% cap · market cap 8.93%
    Second Best
    Office B
    $877.3K
    $767.6K – $1.02M (±1% cap)
    NOI $61,410 @ 7.0% cap · market cap 8.20%
    Theoretical Best
    Specialty Retail
    $1.14M
    $993.5K – $1.32M (±1% cap)
    NOI $79,480 @ 7.0% cap · market cap 10.61%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Trends Vintage Marketplace ... Home Decor Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3582022
    Latitude
    40.5771081

    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
    (530) 245-1944 Call to check price and availability
    More about this property
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