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CHICK-FIL-A W/ 3-LANE DR-THRU | 15 YR NNN GL S Bonnyview & Bechelli Ln

2,781 SF 100% Leased 4-Star Retail Building Redding, CA 96002 $4,571,314 ($1,644/SF) 3.50% Cap Rate

Retail Buildings California Redding S Bonnyview & Bechelli Ln, Redding, CA 96002

Investment Highlights

  • 15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • 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.
  • Within River Crossing Marketplace - a Costco (Ranked Top 20% per Placer.ai: | 3M+ Annual Visitors) Anchored Regional Shopping Center.
  • Brand New 2024 High Quality Construction w/ Triple Lane Drive-Thru. Features Perimeter Freeway Sign, Pole Sign and Monument Sign.
  • Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - More than 400k Sq.Ft. of New Retail Development.
  • 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.

Executive Summary

Chick-Fil-A w/ 3-Lane Drive-Thru | 15 Year NNN Ground Lease | Brand New 2024 Construction | W/in Costco (Ranked Top 20% per Placer.ai: - 3M+ Annual Visitors) Anchored Retail Center | Less than a Mile from a Proposed Casino | Immediate Access to/from I-5 | Area Experiencing Major Growth | Densely Populated & Affluent Area

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,781 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Proposed
Price
$4,571,314
Price Per SF
$1,644
Cap Rate
3.50%
NOI
$160,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Land Acres
1.54 AC
Zoning
General Commercial

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Chick-fil-A
  • Retailer
  • 2,781 SF
  • -
  • Triple Net
  • Mar 2040
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Chick-fil-A Retailer 2,781 SF - Triple Net Mar 2040

Links

1 of 1
(858) 373-3184

  • Listing ID: 33761096

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: S Bonnyview & Bechelli Ln, Redding, CA 96002

The Retail Property at S Bonnyview & Bechelli Ln, Redding, CA 96002 is currently available For Sale. Contact The Mansour Group of Marcus & Millichap for more information.

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CHICK-FIL-A W/ 3-LANE DR-THRU | 15 YR NNN GL | S Bonnyview & Bechelli Ln
(858) 373-3184 x

CHICK-FIL-A W/ 3-LANE DR-THRU | 15 YR NNN GL | S Bonnyview & Bechelli Ln

1/2

Alvin Mansour

(858) 373-3184

(858) 373-3184

Jon Talia

(858) 373-3186

(858) 373-3186

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