2325-2385 Athens Ave Redding, CA 96001

Listing agency CBRE - Sacramento Show Phone

Listed by Stuart Wright · License #CA 01451087

Source Crexi

Added: Apr 15 Updated: Jul 21 at 4:24PM Checked: Jul 21 at 4:24PM

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Investment Insights

Based on property information with market context.

Village Plaza Shopping Center is a 77,975-square-foot neighborhood center constructed in 1961–1962, arranged across three buildings and two legal parcels. The center includes in-line shop and junior anchor spaces, along with a free-standing, multi-tenant building. A separate additional parcel is dedicated to parking.

Tenants at Village Plaza include Dollar Tree, Once Upon a Child, Falling Prices, Everyday Fitness, Sherwin-Williams, Shasta Rock Club, and MedSpa Redding. The property is currently 82.9% occupied with 13,325 square feet of vacancy. Lease terms are staggered, and Sherwin-Williams has the longest remaining lease term with 6 years remaining. The weighted average remaining lease term (WALT) is 4.75 years.

In-place rents range from $0.63 per square foot per month to $1.08 per square foot per month, NNN.

Key Highlights

• 77,975 SF Village Plaza Shopping Center built in 1961–1962 at 2325–2385 Athens Ave, Redding, CA
• Shopping center includes three buildings across two legal parcels, plus an additional parcel dedicated to parking
• Tenant mix includes Dollar Tree, Once Upon a Child, Falling Prices, Everyday Fitness, Sherwin‑Williams, Shasta Rock Club, and MedSpa Redding

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Similar Off Market Nearby

• Village Plaza — Athens Ave, Redding, CA 96001
• Cypress Square Shopping Center — 2455 Athens Ave, Redding, CA 96001
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• Cobblestone Shopping Center — 192 Hartnell Ave, Redding, CA 96002
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FAQs

What type of property is this?

Shopping center - Village Plaza is a multi-building neighborhood shopping center with inline and junior anchor spaces and a dedicated parking parcel.

Where is this shopping center located?

The property is located at 2325-2385 Athens Ave Redding, CA.

What is the asking price?

The asking price for this property is $8,990,000.

What are key features of this property?

This property features: 77,975 SF Village Plaza Shopping Center built in 1961–1962 at 2325–2385 Athens Ave, Redding, CA; Shopping center includes three buildings across two legal parcels, plus an additional parcel dedicated to parking; Tenant mix includes Dollar Tree, Once Upon a Child, Falling Prices, Everyday Fitness, Sherwin‑Williams, Shasta Rock Club, and MedSpa Redding