List Search

1401 Hilltop Dr
Redding, CA 96003

$30,900,000 USD

Freestanding For Sale  •  76,944 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 76,944 SF
  • Lot Size 12.15 AC
  • Building Class B
  • Year Built 2020
  • Cap Rate 6.13 %
  • Tenancy Multiple
32 Transit Score
66 Walk Score

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.
Cap Rate: 6.13 %

Major Tenants

Tenant SF Occupied Lease End Date
Sprouts Anchored Shopping Center 76,944 SF 2/28/2030

Public Transportation

Commuter RailDriveWalkDistance
Redding Amtrak (Coast Starlight - Amtrak) 4 min - 2.3 mi
AirportDriveWalkDistance
Redding Regional 11 min - 7.5 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap