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4670 Churn Creek Rd
Redding, CA 96002

ARCO Ground Lease | Rent Increases | 47k AADT · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.16 AC

ABOUT 4670 CHURN CREEK RD , REDDING, CA 96002

The ARCO ground lease is conveniently located just off of the signalized intersection of Churn Creek Road and South Bonnyview Road, which has a combined traffic count of 47,120 vehicles per day. The property enjoys immediate access to Interstate 5, the main freeway through the region, with a traffic count of 60,000 vehicles per day. The property is outparcel to Churn Creek Marketplace, a 19-acre shopping center development anchored by a Save Mart grocery store and including additional restaurant and retail space. Churn Creek Marketplace is directly across from River Crossing Marketplace, another retail development located on the other side of Interstate 5. The 25-acre development will be anchored by Costco, which is relocating from its other site in north Redding and expanding its square footage by 40%. Combined, Churn Creek Marketplace and River Crossing Marketplace will encompass 375,000 square feet of retail space. The shopping centers will change the landscape of south Redding and dramatically increase traffic on the Interstate 5/South Bonnyview Road interchange. Additionally, the Redding Rancheria plans to build a new casino immediately south of River Crossing Marketplace to replace the extremely profitable, but less strategically located, Win-River Casino. Located on a 232-acre site, the project would include a 140,000 square foot casino, a 250-room hotel, an event and convention center, and an additional 25,000 square feet of retail space, further solidifying the neighborhood as the new center of the Redding trade area.

PROPERTY TAXES

  • Listing ID: 14052858

  • Date on Market: 10/12/2018

  • Last Updated:

  • Address: 4670 Churn Creek Rd, Redding, CA 96002