1300 Hilltop Dr | Redding, CA 96003
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- LoopNet Team
1300 Hilltop Dr
Redding, CA 96003
Retail Property For Sale
Investment Highlights
- Investment Grade Credit Tenant – Bank of America holds investment grade-rated credit (A- Credit Rating by S&P); providing a top-tier guarantee.
- Top-5 Bank in Shasta County – This branch ranks 4th in deposits held out of the 35 bank branches in Shasta County.
- Excellent Visibility – The property benefits from being positioned along the I-5 Freeway, providing direct visibility to roughly 53,772 VPD.
- High Deposits – This branch currently holds $240,673,000 in deposits per the FDIC.
- Mt. Shasta Mall – The property is located on a 1.92 AC parcel directly across from the Mt. Shasta Mall with 78 stores and services.
- Dense Retail Corridor – Located in a dense retail corridor with a variety of grocery and retail tenants such as Trader Joe’s, Target, and Home Depot.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,034 SF
Building Class
C
Year Built/Renovated
1982/1993
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.92 AC
Zoning
RC
Parking
60 Spaces (4.6 Spaces per 1,000 SF Leased)
Frontage
161 FT on Hilltop Dr
Amenities
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 107-160-014-000 | Improvements Assessment | $1,170,450 |
| Land Assessment | $520,200 | Total Assessment | $1,690,650 |
PROPERTY TAXES
Parcel Number
107-160-014-000
Land Assessment
$520,200
Improvements Assessment
$1,170,450
Total Assessment
$1,690,650
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