Property profile

155 Lake Blvd Redding, CA 96003

FOR LEASE
Retail space
Property ID
US09-2933971
1.18 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 1,909 square foot retail space in Redding, CA, is ideally situated between Starbucks and Subway on Lake Boulevard, offering unparalleled visibility and accessibility. Located at 155 Lake Blvd, zip code 96003, this Class B property boasts a prime location with easy access to Highway 299 and Interstate 5, ensuring high traffic flow and exposure to a large consumer base. The building, constructed in 1989, is a multi-tenant property with a total of 5,550 square feet, offering ample parking for customers and employees. This creative office space is perfect for businesses seeking high visibility and convenient access to major transportation routes. The property's strategic location provides excellent connectivity to the entire Redding area, tapping into a thriving market. Prominent signage opportunities along the main route to Interstate 5 guarantee maximum brand exposure. This is a rare opportunity to secure a retail space in a well-established area with a strong mix of existing tenants. Don't miss this chance to establish your business in a high-traffic, highly visible location. Shasta County location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 1.18 ac (51,400 SF)
APN 116-160-013-000
UPID US09-2933971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Restaurant
  • Take-out & Catering Catering Service
  • Real Estate Agency

Location

155 Lake Blvd Redding, CA 96003
Redding metro Census 10704 REDDING, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$210k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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