0 Churn Crk Road/Bonnyview Rd Redding, CA 96002
This exceptional 39,000 square foot retail space is situated within the thriving South Redding Regional Retail Center, located at the Churn Creek Road/Bonnyview Road intersection in Shasta County, CA (zip code 96002). The property benefits from its strategic location on the northeast quadrant of the I-5/Bonnyview Road interchange, providing unparalleled visibility and accessibility. This prime location is part of a rapidly developing retail hub, adjacent to a planned 225,000 square foot Costco and a 165,000 square foot casino/commercial complex, creating a synergistic environment for businesses. The center itself boasts a strong anchor tenant lineup, including a Save Mart grocery store and a Ross Dress for Less, along with other national and local retailers. The property offers excellent freeway exposure, including an 80-foot high freeway pylon sign, ensuring maximum brand visibility. Opportunities exist for in-line or freestanding pad spaces ranging from 1,000 to 14,000 square feet, as well as limited junior anchor space up to 25,000 square feet. The property is ideally suited for a variety of retail uses, capitalizing on the strong regional demographics and the underserved South Redding submarket. This location is also proximate to three new residential communities adding 697 new homes, further bolstering the area's growth potential. Purchase, lease, build-to-suit, and ground lease options are available. This is a unique opportunity to establish a presence in a dynamic and rapidly expanding retail corridor in Northern California.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.