2104 HILLTOP DR, Redding, CA 96002
Two established tenants are in place at a highly visible hilltop commercial site with convenient Interstate 5 access.
- 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
Listing agent Al Naticchioni License #CA 01035120
Listing office REMAX of Redding (530) 245-1944
Listing date Jun 3, 2026
Source Crexi
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.3582022
- Latitude
- 40.5771081