Big 5 Sporting Goods
For Sale
Contact for pricing
2500 Hilltop Drive, Redding, CA 96002
Single-tenant retail building with a lease extending through May 2031.
Property Size9,900 SF
Lot Size0.78 Acres
Price / SF$152.93
Days on Market163
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 2500 Hilltop Drive
General Information
Standard status
Active
Size
9,900 SF
Lot size
0.78 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Stabilized
Net Operating Income
$96,900
Building Details
Year Built
1970
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
CBRE - Sacramento
Listed By:
Stuart Wright · License #CA 01451087
(916) 446-8206
Source:
Crexi
Added: May 6
Changed: Oct 15
Last Checked: Oct 14 at 9:29PM
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.
The property is a single-tenant retail building leased to Big 5 Sporting Goods. The approximately 9,900-square-foot structure was built in the 1970s and occupies a rectangular 0.78-acre parcel. The current lease has approximately five years remaining and is scheduled to expire in May 2031.
Located at 2500 Hilltop Drive in Redding, the property sits near the southwest corner of Hilltop Drive and Grove Avenue. Black Bear Diner is positioned at that corner, while an Interstate 5 on-ramp is nearby. Reported traffic volumes include approximately 30,138 ADT on Hilltop Drive, 61,027 ADT along the Interstate 5 on-ramp, and 36,350 ADT on Cypress Avenue, one block away.
Located at 2500 Hilltop Drive in Redding, the property sits near the southwest corner of Hilltop Drive and Grove Avenue. Black Bear Diner is positioned at that corner, while an Interstate 5 on-ramp is nearby. Reported traffic volumes include approximately 30,138 ADT on Hilltop Drive, 61,027 ADT along the Interstate 5 on-ramp, and 36,350 ADT on Cypress Avenue, one block away.
Key Highlights
- Approximately 9,900 square feet of retail space
- Single‑tenant lease to Big 5 Sporting Goods
- Approximately five years remaining on the lease; expiration scheduled for May 2031
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$129,901
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,598,020
$2.6M
Cap Rate 7%
$1,855,729
$1.9M
Cap Rate 9%
$1,443,344
$1.4M
Market Conditions
NOI Build-Up for 9,900 SF
Gross rent
$197.2K $19.92/SF
− Vacancy
−$11.6K −$1.18/SF
EGI
$185.6K $18.74/SF
− OpEx
−$55.7K −$5.62/SF
NOI
$129.9K $13.12/SF
Area
Shasta County, CA
Vacancy
5.90%
Lease Rate
$19.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,598,020
Cap Rate 7%
$1,855,729
Cap Rate 9%
$1,443,344
Alternative Uses
Best Use
Retail
$1.86M
$1.62M – $2.17M
NOI $129,901 @ 7.0% cap · market cap 8.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.20M
$1.93M – $2.57M
NOI $154,286 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,128
Businesses Nearby
511k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 20%
Groceries 12%
Apparel 11%
Safeway
Groceries
46,900 visits/mo
0.4 miles
Dutch Bros. Coffee
Dining
32,647 visits/mo
0.4 miles
Ross Dress for Less
Apparel
32,273 visits/mo
0.3 miles
McDonald's
Dining
26,146 visits/mo
0.2 miles
Big Lots
Superstores
25,642 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Marshall's Florist & Fine Gifts — 870 Hartnell Ave, Redding, CA 96002
- Kaise Florist & Flower Delivery — 2561 Larkspur Ln, Redding, CA 96002
- New York Florist — 2156 Hilltop Dr, Redding, CA 96002
Frequently Asked Questions
What type of property is this?
Storefront property - Single-tenant retail building with a lease extending through May 2031.
Where is this storefront property located?
The property is located at 2500 Hilltop Drive Redding, CA.
What is the asking price?
The asking price for this property is $1,514,000.
What are key features of this property?
This property features: Approximately 9,900 square feet of retail space; Single‑tenant lease to Big 5 Sporting Goods; Approximately five years remaining on the lease; expiration scheduled for May 2031
