1340 Hilltop Dr Redding, CA 96003
For Lease
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This exceptional retail opportunity in Redding, CA, presents a prime location at 1340 Hilltop Dr, boasting 26,998 square feet of space. Situated in Shasta County, this multi-tenant property offers flexible spaces ranging from a minimum of 8,908 square feet to a maximum contiguous area of 26,988 square feet, accommodating a variety of retail needs. The property benefits from a high-traffic location, directly across from Shasta Mall and featuring I-5 exposure, ensuring excellent visibility and accessibility. Anchored by established national retailers like PetSmart and BevMo!, this center guarantees consistent consumer traffic. The building comprises two suites, providing options for single or multi-tenant occupancy. Redding, the largest city north of Sacramento, serves as a regional hub for Northern California, drawing customers from surrounding counties. This location offers access to a substantial population base and a thriving retail environment, making it an ideal investment for businesses seeking to establish or expand their presence in a dynamic market. The property's strategic placement near major transportation arteries and surrounded by approximately 1.5 million square feet of national anchor tenants, further enhances its appeal and potential for success. This is a rare opportunity to secure a highly visible and well-positioned retail space in one of Northern California's key commercial areas. The property is located near two major hospitals, providing additional foot traffic and a strong local economy.
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Spirit Halloween (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.