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2340-2350 Athens Ave

87,965 SF 100% Leased Retail Building Redding, CA 96001 $13,765,864 CAD ($156 CAD/SF) 7.58% Cap Rate

Retail Buildings California Redding 2340-2350 Athens Ave, Redding, CA 96001

Investment Highlights

  • Fully Occupied Until 2031
  • Many New Developments in Redding Riverfront Specific Plan
  • High Visibility with 1,000 feet of frontage along Athens Ave

Executive Summary

Helm Properties is pleased to present a prime-visibility building off Cypress Avenue with high-traffic exposure. This single-story, multi-use, two-tenant building features a fenced-in backyard with additional parking and secure gates. It will be fully occupied into 2031.

Attachments

Athens Plaza - OM_Final

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
87,965 SF
Building Class
C
Year Built/Renovated
1970/2018
Price
$13,765,864 CAD
Price Per SF
$156 CAD
Cap Rate
7.58%
NOI
$1,043,795 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Land Acres
7.26 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
GC
Parking
342 Spaces (3.89 Spaces per 1,000 SF Leased)
Frontage
1,000 ft on Athens Ave

Amenities

  • Pylon Sign
1 of 1
Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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measures access to public transit. Bike Score®
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Nearby Major Retailers

Banner Bank
Chase Bank
Starbucks
Safeway
Curves
Jenny Craig
Tri Counties Bank
Jazzercise
Rent-A-Center
Dutch Bros

PROPERTY TAXES

Parcel Number 102-100-049-000 Improvements Assessment $5,481,165 CAD
Land Assessment $3,767,377 CAD Total Assessment $9,248,542 CAD

PROPERTY TAXES

Parcel Number
102-100-049-000
Land Assessment
$3,767,377 CAD
Improvements Assessment
$5,481,165 CAD
Total Assessment
$9,248,542 CAD
(530) 329-8336 x401

  • Listing ID: 33829537

  • Date on Market: 2024-11-11

  • Last Updated:

  • Address: 2340-2350 Athens Ave, Redding, CA 96001

The Retail Property at 2340-2350 Athens Ave, Redding, CA 96001 is currently available For Sale. Contact Helm Properties for more information.

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2340-2350 Athens Ave
(530) 329-8336 x 401

2340-2350 Athens Ave

Jeff Helm

(530) 329-8336

x401

(530) 329-8336 x401

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