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    1340 Hilltop Dr Redding, CA 96003

    Sponsored
    For Lease
    Contact for pricing

    Redding, CA Retail Space Available

    Lot size:
    26,998 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity in Redding, CA, presents a prime location at 1340 Hilltop Dr, boasting 26,998 square feet of space. Situated in Shasta County, this multi-tenant property offers flexible spaces ranging from a minimum of 8,908 square feet to a maximum contiguous area of 26,988 square feet, accommodating a variety of retail needs. The property benefits from a high-traffic location, directly across from Shasta Mall and featuring I-5 exposure, ensuring excellent visibility and accessibility. Anchored by established national retailers like PetSmart and BevMo!, this center guarantees consistent consumer traffic. The building comprises two suites, providing options for single or multi-tenant occupancy. Redding, the largest city north of Sacramento, serves as a regional hub for Northern California, drawing customers from surrounding counties. This location offers access to a substantial population base and a thriving retail environment, making it an ideal investment for businesses seeking to establish or expand their presence in a dynamic market. The property's strategic placement near major transportation arteries and surrounded by approximately 1.5 million square feet of national anchor tenants, further enhances its appeal and potential for success. This is a rare opportunity to secure a highly visible and well-positioned retail space in one of Northern California's key commercial areas. The property is located near two major hospitals, providing additional foot traffic and a strong local economy.

    Property Features for 1340 Hilltop Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,998 SF

    Unit(s) available at that property

    Space
    A
    Size
    8,908 SF
    Space
    B
    Size
    18,092 SF

    HighLights

    • ±18,092 SF anchor space, expandable to ±26,998 SF.
    • Existing 600‑amp, 480v electrical service; 4" sanitary sewer line; 3⁄4" water line with 5/8" meter; 3" gas line; and 4" fire riser.
    • ±8,908 SF junior anchor pad available for development.
    • Co‑tenancy includes PetSmart, BevMo!, and Bank of America.
    • Monument signage available.
    • Located adjacent to Mt. Shasta Mall (only regional mall within 100 miles) and surrounded by strong national retailers including Walmart, Costco, Home Depot, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spirit Halloween Costume Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.35908012828
    Latitude
    40.587891252198

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    FAQs

    What type of property is this?
    Individual retail property - Redding, CA Retail Space Available
    Where is this individual retail property located?
    The property is located at 1340 Hilltop Dr Redding, CA.
    What are key features of this property?
    This property features: ±18,092 SF anchor space, expandable to ±26,998 SF.; Existing 600-amp, 480v electrical service; 4" sanitary sewer line; 3⁄4" water line with 5/8" meter; 3" gas line; and 4" fire riser.; ±8,908 SF junior anchor pad available for development.
    Request Owner's contact information
    1340 Hilltop Dr Redding, CA 96003
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    Redding, CA 96003
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1340 Hilltop Dr Redding, CA 96003
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