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1010 Hilltop Dr Redding, CA 96003

Sponsored
For Sale
$7,780,000
Property size:
30,740 SF
Added:
Dec 11, 2024
Days on Market:
391

Property Features for 1010 Hilltop Dr

General Information

Property type
Lifestyle centers
Square Feet
30,740 SF
Lot Size
109,336 SF

Building Details

Year Built
2003

HighLights

  • High‑visibility national credit tenant in a single‑tenant big‑box building; 2.5+ years remaining on a net‑net lease with two 5‑year options at a 7% increase.
  • Excellent historical occupancy; 20‑year history at this prominent power center location alongside strong national co‑tenants including TJ Maxx, Michaels, BevMo, Bed Bath & Beyond, Aaron's, World Market, and PetSmart, with Bank of America and Verizon on outparcels.
  • Tenant has made significant capital improvements, demonstrating a long‑term commitment to this strategically located property serving both retail and distribution needs.
Property Profile Location Intelligence

Current Use by Public Records

Geek Squad Computer Service Best Buy Computer Store

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
-122.3597262
Latitude
40.5925185

FAQs

Where is this lifestyle center located?
The property is located at 1010 Hilltop Dr Redding, CA.
What is the asking price?
The asking price for this property is $7,780,000.
What are key features of this property?
This property features: High-visibility national credit tenant in a single-tenant big-box building; 2.5+ years remaining on a net-net lease with two 5-year options at a 7% increase.; Excellent historical occupancy; 20-year history at this prominent power center location alongside strong national co-tenants including TJ Maxx, Michaels, BevMo, Bed Bath & Beyond, Aaron's, World Market, and PetSmart, with Bank of America and Verizon on outparcels.; Tenant has made significant capital improvements, demonstrating a long-term commitment to this strategically located property serving both retail and distribution needs.
More about this property
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