974 Dana Dr - Bank FOR SALE
Redding, CA 96003 |
$4,011,600 USD
858-373-3184
974 Dana Dr
Redding, CA 96003
HIGHLIGHTS
- 24+ Year Historical Occupancy w/ Multiple Lease Extensions Demonstrating a Strong Commitment to the Location. Absolute Net Lease.
- Annual Deposits at Location is in Excess of $371M Trending Up. Positioned Along Area’s Major Retail & Traffic Corridor.
- Chase (NYSE: JPM) features an S&P Investment Grade Credit Rating of “A+,” Annual Revenue of $177.42 Billion and Net Worth in excess of $344.7 Billion.
- W/in Mt. Shasta Mall - a Popular Shopping Destination feat .more than 80 Stores. It is One of only Four Malls serving California North of Sacramento.
- Comprises the Largest gathering of Retailers within a 400 Mile Stretch of Interstate 5.
- Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
OVERVIEW
Chase Bank @ Mt. Shasta Mall | Absolute Net Lease | $371.8M+ Annual Deposits Trending Up | 24+ Year Historical Occupancy | W/in Mt. Shasta Mall - Popular Shopping Destination | Minutes from a Proposed Casino | Immediate Access to/from I-5 | Area Experiencing Major Growth | Densely Populated & Affluent Area | Investment Grade Tenant
FOR SALE DETAILS
PRICE
$4,011,600 USD
PRICE/SF
$669 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CHASE BANK | $371M+ DEPOSITS & TRENDING UP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.95 AC
LAND SF
41,382 SF
ZONING
RC
APN/PARCEL ID
107-280-021-000
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858-373-3184
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858-373-3184
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