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Leased Restaurant Property with Parking
For Sale
$595,000

2191 Hilltop Dr, Redding, CA 96002

Restaurant real estate with a metal roof, stucco exterior, and 13 dedicated parking spaces, leased through May 2028.

Property SizeContact for details
Days on Market118

Property Features for 2191 Hilltop Dr

General Information

Standard status Active
Total Parking Spaces 13

Building Details

Tenancy Single
Listing Agency: Kirkland Real Estate Partners
Listed By: Cherrel Kirkland · License #01011716
Source: Exprealty
Added: May 10 Changed: Aug 31 Last Checked: Sep 4 at 9:01AM

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 Kirkland Real Estate Partners

Investment Insights

Based on property information with market context.

This leased restaurant property includes a metal roof and stucco exterior and is offered for sale subject to an existing lease agreement. The premises are currently leased to Subway Corp. and the lease extends through May 2028.

The property is located at a commercial intersection on Hilltop Drive and Industrial Way in Redding and is described as benefiting from high traffic volume. On-site, the building provides 13 dedicated parking spaces and includes a bike rack.

For purchasers seeking a stabilized retail asset, the building’s configuration and dedicated parking support customer access for the current restaurant use under the in-place lease.

Key Highlights

  • Leased to Subway Corp. since December 1998, with the lease in place through May 2028
  • Commercial property at the intersection of Hilltop Drive and Industrial Way in Redding with high traffic volume
  • Metal roof and stucco exterior

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Plumbing Service Butcher Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,748
Businesses Nearby
561k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 15% Groceries 11% Apparel 10%
Safeway Groceries
46,900 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
39,278 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
32,647 visits/mo 0.2 miles
Ross Dress for Less Apparel
32,273 visits/mo 0.4 miles
McDonald's Dining
26,146 visits/mo 0.3 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant real estate with a metal roof, stucco exterior, and 13 dedicated parking spaces, leased through May 2028.
Where is this conventional restaurant located?
The property is located at 2191 Hilltop Dr Redding, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Leased to Subway Corp. since December 1998, with the lease in place through May 2028; Commercial property at the intersection of Hilltop Drive and Industrial Way in Redding with high traffic volume; Metal roof and stucco exterior
More about this property
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