Freestanding Building - Retail, Office, or Medical Office

1987 Hilltop Dr, Redding, CA 96002

Accepting Offers
Freestanding Building - Retail, Office, or Medical OfficeFreestanding Building - Retail, Office, or Medical OfficeFreestanding Building - Retail, Office, or Medical OfficeFreestanding Building - Retail, Office, or Medical Office
Asking Price

$1,725,000

Freestanding Building - Retail, Office, or Medical Office

1987 Hilltop Dr, Redding, CA 96002

Asset Type: Real Estate

Estate: Fee Simple

Land Area: 1.43 Acres

Property Size: 8,287 SF

Property Type: Retail

Year Built: 1988

Number of Floors: 1

Investment Highlights

  • 45' High Pylon Sign
  • 19,602 ADT
  • Approx. 100 Parking Spaces
  • Suitable for retail uses and able to be converted to medical or office
  • Redevelop the pad into an alternative use, split into multiple spaces, or develop an additional kiosk or other building pad 3600 SF
  • Potential for seller financing for qualified buyers

Freestanding Building - Retail, Office, or Medical Office

Discover an exceptional opportunity to own or lease an 8,287 SF freestanding retail building that can be converted to speciality use office, or medical space. Former use as a restaurant has left plenty of extra plumbing, sufficient electrical infrastructure, and multi-stall restrooms. Located in the heart of Redding, CA, this site would make it an ideal site for any retail use needing excellent exposure and high quantities of parking. Strategically positioned near I‑5 and Highway 44 interchange, this property offers unbeatable accessibility and exposure. Featuring a prominent 45-foot pylon sign, the building delivers maximum visibility to thousands of passing vehicles daily. Ideal for businesses seeking strong brand presence and consumer reach. Flexible zoning supports a variety of uses, including retail, professional office, and medical office, making it a perfect fit for a wide range of operators. Seller Financing for Qualified Owner-Occupant Buyers: 40% down, 5.9 APR, Loan initiation fee 1%, 3 years term, amortized over 15 years.

Sale FAQs

Investment Sales Broker

Jess Whitlow, CCIM

Jess Whitlow, CCIM

Cox Real Estate Consultants - Jess Whitlow

CA License: 01941996

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXX

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