2500 Hilltop Dr - Freestanding FOR SALE


Redding, CA 96002
$1,615,000 USD
916-446-8206
2500 Hilltop Dr, Redding, CA for Sale
$1,615,000 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

2500 Hilltop Dr
Redding, CA 96002


HIGHLIGHTS

  • Absolute NNN Lease
  • Corporate Location with Established History
  • High Traffic Location
  • Synergy of Surrounding Retailers

OVERVIEW

CBRE, as exclusive advisor, is pleased to offer for sale the Big 5 Sporting Goods located at 2500 Hilltop Dr in Redding, CA. The approximately 9,900 square foot single-tenant building is leased to Big 5 Sporting Goods. Big 5 Sporting Goods has approximately five years remaining on their lease, with the lease expiring in May 2031. Built in 1970s, the Property is situated on a rectangular parcel totaling 0.78 acres. Black Bear Diner is located at the southwest corner of Hilltop Dr (±30,138 ADT) and Grove Ave, along the Interstate 5 on-ramp (±61,027 ADT) and one block off of Cypress Ave (±36,350 ADT).

FOR SALE DETAILS

PRICE

$1,615,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Big 5 Sporting Goods

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,340 SF

ZONING

C

APN/PARCEL ID

107-380-031-000

ASK ABOUT THIS PROPERTY

Stuart WrightCBRE, Inc.More Info
916-446-8206

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Stuart WrightCBRE, Inc.More Info
916-446-8206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.