Freestanding For Sale • 2,800 SF
15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. |
Brand New 2024 High Quality Construction w/ Triple Lane Drive-Thru. Features Perimeter Freeway Sign, Pole Sign and Monument Sign. |
Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of more than $18 Billion and Average Sales Per Unit of $8.5 Million. |
Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - More than 400k Sq.Ft. of New Retail Development. |
Within River Crossing Marketplace - a Costco (Ranked Top 20% per Placer.ai: | 3M+ Annual Visitors) Anchored Regional Shopping Center. |
The City of Redding is the Center of Trade and Commerce for the Upstate Region of Northern California. It is the Largest City North of Sacramento. |
Cap Rate: | 3.50 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Chick-fil-A | 2,781 SF | 3/31/2040 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Redding Amtrak (Coast Starlight - Amtrak) | 8 min | - | 6.0 mi |
Airport | Drive | Walk | Distance |
Redding Regional | 9 min | - | 5.2 mi |