Cypress Pointe Shopping Center Retail FOR SALE
Redding, CA |
916-462-6215
Cypress Pointe Shopping Center
Redding, CA
HIGHLIGHTS
- Shadow-Anchored by Safeway, CVS & Lowe’s (NAP) – Benefits from consistent daily-needs traffic generated by adjacent anchors.
- Positioned Within Redding’s Primary Retail Node – Proximate to Mt. Shasta Mall and surrounded by national retailers.
- Service and Necessity-Oriented Tenant Mix – In-place tenancy is weighted toward uses that drive repeat visitations.
- Established Regional Trade Area – Approximately 153,000 residents within a 10-mile radius with average household incomes of approximately $83,000.
- Leasing Execution Opportunity – Future NOI growth supported by scheduled lease rollover and the lease-up of existing vacancy.
- Parcelized Exit Strategy – Individually parcelized pads and shop buildings allow investors additional exit flexibility.
OVERVIEW
Cypress Pointe Shopping Center is a shadow-anchored neighborhood retail center located within Redding’s primary retail corridor. Situated along East Cypress Avenue, one of the city’s principal commercial arterials, the Property benefits from immediate adjacency to Safeway, CVS, and Lowe’s, as well as proximity to Mt. Shasta Mall, the only regional mall within approximately 50 miles. Cypress Pointe is positioned within the dominant retail node serving the greater Shasta County region, supported by a concentration of national retailers and a well-established regional trade area.
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916-462-6215
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916-462-6215
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