Redding, California, is a prime location for businesses looking to establish a strong presence in the Shasta Cascade region, with a diverse economy and a population of around 100,000. The city's Retail Space For Lease offers a unique opportunity to tap into the local market, with its proximity to major transportation hubs, including the Redding Regional Airport and Benton Airpark, as well as its access to major highways such as Interstate 5, CA 299, CA 44, and CA 273. Additionally, the city's infrastructure is well-equipped to support businesses, with a council-manager form of government and a strong focus on economic development. The presence of major employers such as Dignity Health, Shasta County government, and In-N-Out Burger, as well as institutions like Shasta College, National University, and Simpson University, make Redding an attractive location for businesses looking to establish a strong foothold in the region. The city's cultural attractions, including the Sundial Bridge at Turtle Bay and the Sculpture park at City Hall, also make it an attractive destination for tourists and locals alike.
With 20 Retail Space For Lease available, Redding offers a range of options for businesses looking to establish a presence in the city. The average annual rent per square foot for Retail Space in Redding is $19 USD, with a minimum of $9 USD and a maximum of $53 USD. The average size of Retail Space available is 5,365 square feet, with a minimum of 720 square feet and a maximum of 38,600 square feet. In addition to Retail Space, Redding also offers a range of other property types, including Restaurants, Medical Offices, and Office Space, each with its own unique characteristics and advantages. For example, Restaurants in Redding benefit from the city's strong tourism industry, while Medical Offices are well-positioned to serve the city's growing population. Office Space in Redding, meanwhile, offers a range of options for businesses looking to establish a professional presence in the city. Overall, Redding's diverse economy and range of property types make it an attractive location for businesses looking to establish a strong presence in the Shasta Cascade region.
What is the average cost per square foot for retail space in Redding?
As of now, there are 20 available listings of retail space in Redding, with an average annual rent of $19 USD per square foot, and average space sizes ranging from 5,365 square feet to 38,600 square feet, making it an attractive option for businesses looking to establish a presence in this Northern California city.
How do anchor tenants affect surrounding retail space leases?
In Redding, California, anchor tenants, such as large department stores or grocery stores, can significantly impact surrounding retail space leases by increasing foot traffic, driving sales, and creating a desirable shopping environment, which can lead to higher lease rates and longer lease terms for nearby retail spaces, with 20 available listings averaging $19 USD per square foot and ranging in size from 5,365 square feet to 38,600 square feet.
