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1345 Dana Dr
Redding, CA 96003

Red Lobster · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
6,869 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.76 AC
Zoning
RC, Redding
Parking
124 Spaces (18.05 Spaces per 1,000 SF Leased)
Frontage
190 FT on Dana Dr

ABOUT 1345 DANA DR , REDDING, CA 96003

This Red Lobster property is located at 1345 Dana Drive in Redding, California. Redding is the county seat of Shasta County, in the northern part of California. The city lies along the Sacramento River, 160 miles north of Sacramento and 230 miles north of San Francisco. Surrounding Retail and Points of Interest The subject property benefits from its strategic location in a dense retail corridor. This corridor contains both local and national retailers, which include: Walmart Supercenter, Target, Costco, Macy’s, The Home Depot, Best Buy, Starbucks, Olive Garden, McDonald’s, Chipotle, and many more. Enterprise High School and Shasta High School are both located within five miles of the subject property. The schools have a combined enrollment of over 2,566 students. Shasta College, located less than five miles from the subject property, has a total enrollment of over 10,000 students. This Red Lobster is also less than one mile from Mt Shasta Mall. Traffic Counts and Demographics There are approximately 60,083 individuals residing within a three-mile radius of the property and more than 96,103 individuals within a five-mile radius. The subject property is located near Churn Creek Road. This section of Churn Creek Road has an average traffic count in excess of 19,300 vehicles per day. The property is also located near Interstate-5, which experiences average daily traffic counts of over 62,749 vehicles per day. Redding, California The city of Redding is the center of trade and commerce for the upstate region of northern California. Redding is the largest city north of Sacramento, and is strategically located on Interstate-5, equidistant between Seattle and Los Angeles. Redding has grown as a thriving business community; and, as such, the Redding City Council places significant value on both the companies that are in the city and the ones that will relocate or expand from other areas. The city is a partner with the Shasta County Economic Development Corporation which provides help and assistance for businesses wishing to relocate in Shasta County. Redding, as part of a countywide focus, is interested in creating more primary industry employment, both through the expansion of existing industry and the recruitment of new industry. Diversifying the economy to create higher wage employment is a top priority.

PROPERTY TAXES

  • Listing ID: 9800549

  • Date on Market: 10/30/2017

  • Last Updated:

  • Address: 1345 Dana Dr, Redding, CA 96003