For Sale
$7,780,000
1010 Hilltop Dr Redding, CA 96003
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- High-visibility national credit tenant in a single-tenant big-box building; 2.5+ years remaining on a net-net lease with two 5-year options at a 7% increase.
- Excellent historical occupancy; 20-year history at this prominent power center location alongside strong national co-tenants including TJ Maxx, Michaels, BevMo, Bed Bath & Beyond, Aaron's, World Market, and PetSmart, with Bank of America and Verizon on outparcels.
- Tenant has made significant capital improvements, demonstrating a long-term commitment to this strategically located property serving both retail and distribution needs.
Property Details for 1010 Hilltop Dr
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 30,740 SF
- Year Built
- 2003
- Lot Size (sq. ft)
- 109,336 SF
Location Insight
- City
- Redding
- County
- Shasta
- State
- California
- Latitude
- 40.5925185
- Longitude
- -122.3597262
Nearby Similar for Sale
FAQs
- Where is the lifestyle center located?
- The property is located at 1010 Hilltop Dr Redding, CA.
- What is the asking price?
- The asking price for this property is $7,780,000.
- What are key features of this property?
- This property features: High-visibility national credit tenant in a single-tenant big-box building; 2.5+ years remaining on a net-net lease with two 5-year options at a 7% increase.; Excellent historical occupancy; 20-year history at this prominent power center location alongside strong national co-tenants including TJ Maxx, Michaels, BevMo, Bed Bath & Beyond, Aaron's, World Market, and PetSmart, with Bank of America and Verizon on outparcels.; Tenant has made significant capital improvements, demonstrating a long-term commitment to this strategically located property serving both retail and distribution needs.
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