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Property profile & analytics
OFF-MARKET
Neighborhood centers

0 Churn Crk Road/Bonnyview Rd Redding, CA 96002

150,000 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located in the thriving South Redding Regional Retail Center, situated on Churn Creek Road/Bonnyview Road in Shasta County, CA (zip code 96002). The center boasts a total of 150,000 square feet and offers multiple spaces for lease, ranging from a minimum of 1,847 square feet to a maximum contiguous space of 2,520 square feet. Currently, 6,867 square feet are vacant and ready for immediate occupancy. The property benefits from its strategic location near the I-5/Bonnyview Road interchange, providing unparalleled visibility and accessibility. This high-traffic area is complemented by the presence of major retailers such as Save Mart, Ross Dress for Less, Petco, Starbucks, In-N-Out Burger, Panda Express, Les Schwab Tire, and a major California bank, creating a strong synergy and drawing a significant customer base. The center is part of a rapidly developing retail hub, with a Costco and a forthcoming casino/commercial complex further enhancing its appeal. The property enjoys extensive I-5 freeway exposure, including a prominent 80-foot high pylon sign, ensuring maximum brand visibility. This location serves a large trade area, with 90% of the population residing within a 20-minute radius, including residents of three new residential communities currently under construction. The area also benefits from its proximity to Redding's major medical facilities, including Mercy Medical Center and the Dignity Health Outpatient Medical Campus, contributing to a robust and diverse customer demographic. Opportunities exist for junior anchor spaces (up to 25,000 square feet) and inline/freestanding pad spaces (1,000-14,000 square feet), available for purchase, lease, build-to-suit, or ground lease. This presents a unique chance for businesses to establish a strong presence in a rapidly growing and strategically important retail location in Northern California.

Property profile
Verified
Property type Neighborhood centers
Total area 150,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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