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    Athens Ave Redding, CA 96001

    Sponsored
    For Lease
    $9 SF/Yr

    Redding, CA retail space available

    Lot size:
    90,195 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Cypress Square Shopping Center, located at 143-169 Locust Avenue, Redding, CA 96002, offers exceptional retail opportunities. This 90,195 square foot strip center sits on a 9.719-acre lot and boasts 460 parking spaces, ensuring ample customer convenience. Built in 1960 and zoned GC-VR (General Commercial-Visitor Retail), the property offers spaces ranging from a minimum of 900 square feet to a maximum contiguous space of 4,187 square feet, with three spaces currently available. The center enjoys a prime location with easy access from throughout Redding and benefits from strong traffic flow. Current tenants include a diverse mix of businesses such as Orchard Nutrition Center, Rebel Fitness, Red Door Antiques, The Reading Basket, The Juice Lab, Los Cachorros Taqueria, and Fast Weenies Hot dogs, creating a vibrant and established retail environment. New ownership is committed to ongoing improvements, enhancing the center's appeal for both tenants and customers. The property's APN is 102-460-032, and its cross street is Cypress Avenue. This presents a unique chance to establish or expand your business within a thriving community retail center.

    Property Features for 0 Athens Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,195 SF
    Total Rate
    72156

    Building Details

    Year Built
    1960

    Unit(s) available at that property

    Space
    2445 Athens Ave
    Size
    4,187 SF
    Rate per SF
    $12
    Space
    2495 Athens Ave
    Size
    1,500 SF
    Rate per SF
    $21
    Space
    2453 Athens Ave
    Size
    4,200 SF
    Rate per SF
    $9

    HighLights

    • High traffic count: 44,000 vehicles daily at Cypress & Athens.
    • Ample parking: 460+ spaces.
    • Diverse space options: Retail, office, and food service available.
    • Excellent visibility: Four street frontages (Cypress, Athens, Locust, Park Marina).
    • On‑site property management.
    • Exterior renovations underway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Redding
    County
    Shasta
    State
    California
    Longitude
    -122.37521978982
    Latitude
    40.574650813548

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    FAQs

    What type of property is this?
    Neighborhood center - Redding, CA retail space available
    Where is this neighborhood center located?
    The property is located at Athens Ave Redding, CA.
    What is the lease rate?
    The lease rate is $9-$21 SF/Yr.
    What are key features of this property?
    This property features: High traffic count: 44,000 vehicles daily at Cypress & Athens.; Ample parking: 460+ spaces.; Diverse space options: Retail, office, and food service available.
    Request Owner's contact information
    Athens Ave Redding, CA 96001
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    Redding, CA 96001
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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
    Athens Ave Redding, CA 96001
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