Cypress Colony: Premier Retail Investment Opportunity
916 and 926 E Cypress Ave.
Redding, CA 96002
Highlights
- Prime Location: Situated in a high-traffic retail area with excellent visibility.
- High Occupancy Benefit from immediate, stable income with fully leased units.
- Well-Maintained: Professionally managed property offering a hassle-free investment.
- Strategic Access: Close to I-5 and major retail hubs, enhancing value and appeal.
Description
Located at 916 & 926 E Cypress Ave, Redding, CA, Cypress Colony offers an exceptional investment opportunity with two high occupancy retail buildings totaling 13,392 SF in the center of the city. This prime location on E Cypress Ave, near the intersection of Churn Creek Rd and close to I-5, ensures excellent visibility and high foot traffic, making it a sought-after destination for retail and office tenants.
The property features 916 E Cypress Ave with 9,360 SF of office/retail space and 926 E Cypress Ave with 4,032 SF of office/retail space. Spaces in these size ranges and location are in high demand, resulting in consistently low vacancy rates. The property has been diligently maintained and professionally managed, ensuring a seamless transition for new ownership. Situated in a highly active retail area with traffic counts of approximately 26,000 CPD, Cypress Colony offers maximum exposure and customer access.
The spaces in this property are well laid out for Redding's many businesses that require an office lay out but the accessibly and visibility of a retail location in central Redding, making this an ideal addition to any investment portfolio. The proximity to I-5 and major retail hubs enhances the property's value and appeal, offering a rare chance to acquire a high occupancy, well-maintained retail property the regions central hub.
Cypress Colony is strategically positioned near the bustling intersection of E Cypress Ave and Churn Creek Rd, providing excellent visibility and easy access from I-5 in Redding, CA.