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966 Dana Dr
Redding, CA 96003

$4,250,000 USD

Fast Food For Sale  •  2,552 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,500 SF
  • Lot Size 0.82 AC
  • Building Class B
  • Year Built 2007
  • Cap Rate 4.00 %
  • Tenancy Single
  • Zoning RC
30 Transit Score
60 Walk Score

Highlights

Corporate Backed Absolute Net Ground Lease. Recent 10-Year Lease Extension - 20+ Year Historical Occupancy.
Ranked Top 8% in Chain Nationwide per Placer.ai based on Foot Traffic. This Location Features a Drive-Thru.
Positioned Along Area’s Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility.
Panda Express, the Largest Asian Restaurant Chain in the U.S., is Owned by Family-Led Panda Restaurant Group, operating over 2,800 Locations Globally.
Densely Populated and Affluent Area: Features an Average Household Income of more than $84k and over 98k People Residing within a 5-Mile Radius.
Within Mt. Shasta Mall - a Popular Shopping Destination featuring more than 80 Stores.
Cap Rate: 4.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Panda Express 2,500 SF 9/30/2036

Amenities

  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Redding Amtrak (Coast Starlight - Amtrak) 4 min - 2.5 mi
AirportDriveWalkDistance
Redding Regional 11 min - 7.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 18
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap