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Neighborhood Retail Shopping Center
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2325-2385 Athens Ave, Redding, CA 96001

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

Property Size77,975 SF
Price / SF$115.29
Days on Market144

Property Features for 2325-2385 Athens Ave

General Information

Standard status Active
Size 77,975 SF
Total Parking Spaces 502
Property subtype Retail
Zoning GC-VR (General Commercial - Visitor Retail)
Occupancy 82%
Lease Type NNN
Investment Type Value Add
Net Operating Income $629,405

Building Details

Year Built 1961
Buildings 3
Tenancy Multi
Listing Agency: CBRE - Sacramento
Listed By: Stuart Wright · License #CA 01451087
Source: Crexi
Added: Apr 15 Changed: Aug 28 Last Checked: Aug 28 at 9:37PM

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 CBRE - Sacramento

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

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Storage Facility HVAC Service Garden Center Locksmith Pet Grooming Service Electrical 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.

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby
76k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Shops & Services 43% Home Improvements & Furnishings 7% Dining 4%
Safeway Groceries
34,721 visits/mo 0.5 miles
Dollar Tree Shops & Services
18,920 visits/mo 0.1 miles
Safeway Gas Shops & Services
8,759 visits/mo 0.5 miles
Chase Bank Shops & Services
4,855 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
4,256 visits/mo 0.1 miles

Demographics for 96001, CA

33,914
Population
14,370
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
93%
High-School Grad
72.4 sq mi
ZIP Area
468
Density / Sq Mi
$70,594
Median Household Income
$42,316
Median Earnings
$1,238
Median Rent
$385,900
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
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Similar Off Market Nearby

  • Westwood Shopping Center (Strip Mall) ca-273, redding, ca 96001
  • Mission Square 2815 Bechelli Ln, Redding, CA 96002
  • Cobblestone Shopping Center 192 Hartnell Ave, Redding, CA 96002
  • Village Plaza Athens Ave, Redding, CA 96001
  • Cypress Square Shopping Center 2455 Athens Ave, Redding, CA 96001

Frequently Asked Questions

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
(916) 446-8206 Call to check price and availability
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