Highly Visible Retail Investment
2104 Hilltop Drive Redding, CA 96002
2104 Hilltop Drive, Redding, CA, 96002
$749,000
For Sale
$749,000
COMMERCIAL - Redding, CA
Property Size5,100 SF
Price / SF$146.86
Days on Market48
Property Features for 2104 Hilltop Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Off Street
- Standard status
- Active
- APN
- 107-020-041-000
- Size
- 5,100 SF
Building Details
- Year built
- 1962
- Building materials
- Block
Listing Agency
RE/MAX of Redding
(530) 245-1955
833 Mistletoe Ln Suite 100, CA
Listed by
Al Naticchioni · License #01035120
(530) 245-1944
Added: Jun 1 Checked: Jul 18 at 1:06 am
MLS# 26-2663
Copyright © 2026 Shasta Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale retail investment property is positioned for dependable income, featuring two established tenants who wish to remain in place. The asset benefits from a configuration that supports ongoing commercial use, creating a more turnkey experience for an incoming owner compared with properties requiring immediate re-tenanting or major repositioning. Prospective buyers can review available financial information with qualified status.
Located at 2104 Hilltop Drive in Redding, the property sits on a highly visible hilltop drive within a prominent commercial corridor. The surrounding area includes a mix of national, regional, and local businesses, and the site offers convenient access to Interstate 5, supporting ongoing customer visibility and approachability. The offering is also described as having strong traffic counts and outstanding exposure for retail activity.
For investors and buyers seeking stable cash flow, the current tenancy provides operational continuity while still allowing for future upside. The combination of visibility, corridor presence, and easy interstate access makes the property a practical fit for ownership groups looking to hold a retail asset in a high-demand market with long-term value potential.
Located at 2104 Hilltop Drive in Redding, the property sits on a highly visible hilltop drive within a prominent commercial corridor. The surrounding area includes a mix of national, regional, and local businesses, and the site offers convenient access to Interstate 5, supporting ongoing customer visibility and approachability. The offering is also described as having strong traffic counts and outstanding exposure for retail activity.
For investors and buyers seeking stable cash flow, the current tenancy provides operational continuity while still allowing for future upside. The combination of visibility, corridor presence, and easy interstate access makes the property a practical fit for ownership groups looking to hold a retail asset in a high-demand market with long-term value potential.
Key Highlights
- Commercial property built in 1962 with block construction
- Two established tenants currently in place and wishing to remain
- Off‑street and on‑street parking available
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
NOI $66,919 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
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
Similar For Sale Nearby
Similar Off Market Nearby
- Kaise Florist & Flower Delivery — 2561 Larkspur Ln, Redding, CA 96002
- Marshall's Florist & Fine Gifts — 870 Hartnell Ave, Redding, CA 96002
- New York Florist — 2156 Hilltop Dr, Redding, CA 96002
FAQs
What type of property is this?
Storefront property - Two established tenants offer immediate income with strong visibility and convenient Interstate 5 access in a high-traffic corridor.
Where is this storefront property located?
The property is located at 2104 Hilltop Drive 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 with block construction; Two established tenants currently in place and wishing to remain; Off‑street and on‑street parking available
