961 Dana DrRedding, CA 96003

Property Details for 961 Dana Dr

Year built

1989

Lot size

1.10 AC

Property size (Sq ft)

15,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

107-290-035-000

APU

107290035000

Description

Dana Crossing, a single-story, 14,800 square foot retail center in Redding, CA, presents an exceptional leasing opportunity. Built in 1989, this Class C property boasts seven suites and is situated at 961 Dana Dr, Redding, CA 96003, conveniently located across from Mt. Shasta Mall and near the intersection of Dana Drive and Churn Creek Road. The property is zoned RED RC - Regional Commercial (APN: 107-290-035) and offers excellent visibility and accessibility with immediate access to Highway 44 and minutes from Interstate 5. Two spaces are currently available: Suite 110, approximately 2,800 square feet, and Suite 130, approximately 1,650 square feet. The center benefits from strong anchor tenants including Chipotle Mexican Grill, Five Guys, Tan Republic, and Modo Tea, enhancing its appeal and drawing significant foot traffic. Security features include onsite security cameras and nightly security checks, providing peace of mind for tenants and customers. This prime location within Redding's central retail hub ensures high traffic exposure and a strong potential for business success. The property is ideal for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,973,898

  6.5%

  $3,668,213

  7%

  $3,406,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,397,084

  Geo Method

  $5,397,084

• Alternative Use

  Use

  Valuation

  Residential

  $3,094,275

  Hospitality

  $2,834,340

  Educational

  $2,358,137

  Medical

  $2,439,237

  Retail

  $3,668,213

Location Insight

City

Redding

County

Shasta

State

California

Latitude

40.5854

Longitude

-122.354

CBSA code

39820

CBSA name

REDDING, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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