1401 Hilltop Dr - Freestanding FOR SALE
Redding, CA 96003 |
$30,900,000 USD
858-373-3184
1401 Hilltop Dr
Redding, CA 96003
HIGHLIGHTS
- 100% Occupied Sprouts & HomeGoods Anchored Center w/ Chick-fil-A Drive-Thru Strip. Synergistic Mix of National and Regional Tenants on NNN Leases.
- Favorable Increases throughout the Initial Term and Options. Brand New 2020 High Quality Construction. Sprouts Ranks in the Top 25% Nationwide.
- Serves as the only Location within a 150-Mile Radius.
- The Shopping Center is Located Along Hilltop Drive, Redding’s Most Prominent and Heavily Trafficked Retail Corridor.
- Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
- W/in Mt. Shasta Mall - a Popular Shopping Destination featuring 80+ Stores. It is One of only Four Malls serving California North of Sacramento.
OVERVIEW
100% Occupied Sprouts & HomeGoods Anchored Center w/ Chick-fil-A Drive-Thru Strip. Synergistic Mix of National and Regional Tenants on NNN Leases. Favorable Increases throughout the Initial Term and Options. Brand New 2020 High Quality Construction. Sprouts Ranks in the Top 25% Nationwide and Serves as the only Location within a 150-Mile Radius.
FOR SALE DETAILS
PRICE
$30,900,000 USD
PRICE/SF
$402 USD /SF
CAP RATE
6.13%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
SPROUTS ANCHORED CENTER w/ CHICK-FIL-A
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2020
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
12.15 AC
LAND SF
529,254 SF
ZONING
-
APN/PARCEL ID
107-280-061-000
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858-373-3184
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858-373-3184
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