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    555 Cypress Ave Redding, CA 96002

    For Lease
    $35 SF/Yr ($7,375 /Mo)

    High-traffic Redding retail space, drive-thru option.

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2,500 square foot retail property, located at 555 E Cypress Ave, Redding, CA 96002, boasts unparalleled visibility and accessibility. Situated at the intersection of Cypress Avenue and I-5, this prime location benefits from significant daily traffic counts: 40,000 vehicles on Cypress Avenue and an additional 69,000 on I-5 (excluding semi-trucks). The property sits on a 5.29-acre lot (APN 107-040-040, Shasta County) and is zoned GC - General Commercial. Currently occupied, the space offers a desirable drive-thru option with an eight-vehicle stacking lane, ensuring efficient customer service. Ample parking is available for walk-in customers. The strong tenant mix in the immediate vicinity includes well-established businesses such as Leslie's Pool Supplies, Office Depot, Lumberjacks restaurant, and West Marine. This presents a unique opportunity for investors seeking high-exposure retail space in a thriving Redding commercial corridor. The property's cross street is Bechelli Lane. The building is classified as both retail and office, with multiple tenancies.

    Property Features for 555 Cypress Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    7375

    Unit(s) available at that property

    Space
    555 E Cypress Avenue
    Size
    2,500 SF
    Rate per SF
    $35

    HighLights

    • High‑visibility corner lot at I‑5 and Cypress Ave in Redding, CA; over 70,000 vehicles daily.
    • 2,500 SF building with optional drive‑thru and 8‑car stacking lane.
    • Strong co‑tenancy with Leslie's Pool Supplies, Office Depot, Lumberjacks, and West Marine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Crown Work Trucks Motor Vehicle Dealer Crown Ford Service Auto Repair Shop Late Generation Muscle Auto Broker Crown Lincoln Service Auto Repair Shop Crown Lincoln Parts Auto Parts 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
    -122.3612793632
    Latitude
    40.570614287794

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    FAQs

    What type of property is this?
    Retail property - High-traffic Redding retail space, drive-thru option.
    Where is this retail property located?
    The property is located at 555 Cypress Ave Redding, CA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner lot at I-5 and Cypress Ave in Redding, CA; over 70,000 vehicles daily.; 2,500 SF building with optional drive-thru and 8-car stacking lane.; Strong co-tenancy with Leslie's Pool Supplies, Office Depot, Lumberjacks, and West Marine.
    Request Owner's contact information
    555 Cypress Ave Redding, CA 96002
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    Redding, CA 96002
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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
    555 Cypress Ave Redding, CA 96002
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