
1340 Hilltop Drive
Price
Price on request
Description
- •Junior Anchor Available in the Center of Redding’s Retail Core The city of Redding is the largest city north of Sacramento, with a population of over 91,000, and is strategically located on Interstate 5, just south of Shasta Lake, between the Cascades and the Trinity Alps. The Redding Metro area is the regional center of Northern California, and serves the adjacent counties of Tehama, Trinity and Siskiyou for health services—two major hospitals with state-of-theart treatment facilities: Shasta Regional Medical Center, which features a nationally recognized heart surgery program, and Mercy Medical Center, Redding's designated trauma center—legal services, retail shopping, and employment. Located on Hilltop Drive just north of Dana Drive, with I-5 exposure, directly across from the Shasta Mall, this Property offers an excellent opportunity to enter the growing Redding retail market considered the best retail space of its kind available with approximately 1.5 million square feet of national anchor tenants surrounding the site. The center is anchored by PetSmart and BevMo! -assuring excellent consumer traffic into the center.
- •±18,092 SF Anchor Space potential expansion to ±26,998 SF Existing Property Conditions:
- •Electrical: 600 amps at 480v
- •Sanitary Sewer: 4” SS line
- •Water: ¾ line with 5/8 meter
- •Gas: 3” to the building ¾ supply
- •Fire Riser: 4” line
- •Junior Anchor Pad space ±8,908 SF buildable
- •Co-tenants include PetSmart, BevMo!, Bank of America
- •Monument signage available
- •Adjacent to Mt. Shasta Mall - the only regional mall within 100 miles; and surrounded by Walmart, Costco, Home Depot, Dick's Sporting Goods, Sprouts Farmers Market, FoodMax and the 14-screen Cinemark Theater
- •Excellent building and monument signage visibility from Interstate 5
- •Strong traffic counts
- •Easy access to Interstate 5 and Highway 44
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Sale Price History
Market report quarterly trend fallback
Modeled Rate Estimate
$1.75 – $2.25/SF/yr
Estimator modeled rate · mid $2.00
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in redding, CA












