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    Retail Anchor Space at Shopping Center Title is generated by Realmo AI

    6536 Westside Rd, Redding, CA 96001

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    For Lease
    $0.90 SF/Yr

    Large former grocery anchor at Westwood Village with wide-open layout, long Hwy 237 frontage, and flexible subdivision options.

    Type:Retail
    Lot size:
    9.43 Acres
    Added:
    Jun 3, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 4 at 1:52 am

    Property Features for 6536 Westside Rd

    General Information

    Standard status
    Active
    Lot size
    9.43 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1979

    Spaces For Lease

    at 6536 Westside Rd Contact us

    We can help!

    Listing Contact
    Jess Whitlow, CCIM

    Listing agent Jess Whitlow, CCIM License #CalDRE #01941996

    Listing office

    Listing date Jun 3, 2026

    Source Coxrec

    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 Jess Whitlow, CCIM

    HighLights

    • Large former Sav Mor Grocery anchor space at Westwood Village (year built 1979)
    • Wide‑open layout with adaptable space that can be subdivided for the right tenant
    • Approx. 1,074 ft of frontage on Hwy 237 / South Market
    • Approx. 22,696 CPD on Hwy 237 / South Market (per provided information)
    • Westwood Village sits on 9.43 acres with a signalized intersection at S. Market & State Route 273 and Westwood Ave
    • Improvements in progress: updated landscaping and exterior repaint of center coming soon

    Overview

    This offering is an anchor retail space at Westwood Village, formerly Sav Mor Grocery. The footprint features a wide-open layout designed to support a variety of uses, with the owner offering flexibility for the right tenant, including the willingness to subdivide for tailored occupancy. Improvements are currently in progress, including updated landscaping and an exterior repaint for the center coming soon.

    The center is located in southwest Redding and sits on 9.43 acres. The property provides 1,074 feet of frontage on Hwy 237/South Market, with approximately 22,696 vehicles per day passing the area, supporting strong day-to-day visibility. Access is convenient to downtown and central Redding, and the site includes a signalized intersection on S. Market and State Route 273, at the Westwood Ave SW corner of Westside Rd and Westwood Dr.

    The size and adaptable design make this space well-suited for retailers and other large-format concepts that need an adaptable footprint, including operators seeking the option to take a full-space commitment or a smaller configured area. The property also benefits from the arrival of a new anchor, Val-U Mart, which is intended to increase activity at the center.
    Location Intelligence

    Current Use by Public Records

    SAV•MOR Foods Specialty Food Shop Coinstar Kiosk | Bitcoin ... Atm DVDXpress Kiosk @ Sav-Mor ... Cinema

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.3836169
    Latitude
    40.5210709

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    FAQs

    What type of property is this?
    Retail space - Large former grocery anchor at Westwood Village with wide-open layout, long Hwy 237 frontage, and flexible subdivision options.
    Where is this retail space located?
    The property is located at 6536 Westside Rd Redding, CA.
    What is the lease rate?
    The lease rate is $0.90 SF/Yr.
    What are key features of this property?
    This property features: Large former Sav Mor Grocery anchor space at Westwood Village (year built 1979); Wide‑open layout with adaptable space that can be subdivided for the right tenant; Approx. 1,074 ft of frontage on Hwy 237 / South Market
    (530) 605-5169
    We can help!
    Listing Contact
    Jess Whitlow, CCIM
    Real Estate License ID: CalDRE #01941996
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    6536 Westside Rd, Redding, CA 96001
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