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1340 Hilltop Dr, Redding, CA 96003

Excellent retail opportunity in Redding near Shasta Mall and I-5.

Space Size18,092 SF
Property Size26,998 SF
Days on Market1310

Property Features for 1340 Hilltop Dr

General Information

Standard status Active
Size 18,092 SF
Property subtype Retail

Building Details

Building Size 26,998 SF
Tenancy Multiple

Spaces For Lease

at 1340 Hilltop Dr Contact us

A

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

B

Size
18,092 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: CBRE - Sacramento
Listed By: Heath Kastner · License #CA 01301753
Source: Crexi
Added: Feb 3, 2023 Changed: Aug 13 Last Checked: Sep 4 at 3:31PM

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.

Located on Hilltop Drive just north of Dana Drive, with I-5 exposure, and directly across from the Shasta Mall, this property offers an opportunity to enter the growing Redding retail market. The City of Redding is the largest city north of Sacramento, with a population of over 91,000, and is strategically located on Interstate 5, just south of Shasta Lake, between the Cascades and the Trinity Alps. The Redding Metro area is the regional center of Northern California, and serves the adjacent counties of Tehama, Trinity and Siskiyou for health services, legal services, retail shopping, and employment. The property is considered the best retail space of its kind available with approximately 1.5 million square feet of national anchor tenants surrounding the site. The center is anchored by PetSmart and BevMo!, assuring consumer traffic into the Center.

Key Highlights

  • Excellent I‑5 exposure and location directly across from Shasta Mall.
  • Located on Hilltop Drive, north of Dana Drive, in a high‑traffic retail area.
  • Anchored by PetSmart and BevMo!, ensuring strong consumer traffic.

Property Analytics

Current Use

Spirit Halloween (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Parking Lot & Garage Garden Center Building Supply

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

869
Businesses Nearby
641k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 29% Shops & Services 26% Dining 13% Groceries 13%
T.J. Maxx Apparel
49,541 visits/mo 0.1 miles
The Home Depot Home Improvements & Furnishings
46,613 visits/mo 0.4 miles
Kohl's Apparel
46,571 visits/mo 0.3 miles
DICK'S Sporting Goods Apparel
41,455 visits/mo 0.2 miles
Trader Joe's Groceries
38,607 visits/mo 0.2 miles

Demographics for 96003, CA

45,185
Population
19,873
Households
2.3
Avg Household Size
42
Median Age
27%
College-Educated
94%
High-School Grad
111.2 sq mi
ZIP Area
406
Density / Sq Mi
$71,801
Median Household Income
$39,295
Median Earnings
$1,402
Median Rent
$370,500
Median Home Value

Market

Lease Benchmarks for Redding, CA

$12.77 /SF/Yr
Avg Asking Price
$9.39–$16.2 /SF/Yr
Price Range
5,630 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Excellent retail opportunity in Redding near Shasta Mall and I-5.
Where is this retail space located?
The property is located at 1340 Hilltop Dr Redding, CA.
What are key features of this property?
This property features: Excellent I‑5 exposure and location directly across from Shasta Mall.; Located on Hilltop Drive, north of Dana Drive, in a high‑traffic retail area.; Anchored by PetSmart and BevMo!, ensuring strong consumer traffic.
(916) 446-8290 Call to check price and availability
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