Cypress Colony: Premier Retail Investment Opportunity - Fully occupied

916 and 926 E Cypress Ave. Redding, CA 96002

916 and 926 E Cypress Ave., Redding, CA, 96002
916 and 926 E Cypress Ave., Redding, CA, 96002 916 and 926 E Cypress Ave., Redding, CA, 96002 916 and 926 E Cypress Ave., Redding, CA, 96002 916 and 926 E Cypress Ave., Redding, CA, 96002
FOR SALE FOR LEASE
Property Type:
Strip Center
Amount:
$1,425,000
Last Verified:
Aug 19, 2024

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Highlights


Description

Located at 916 & 926 E Cypress Ave, Redding, CA, Cypress Colony offers an exceptional investment opportunity with two fully leased 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.

Welcome to Cypress Colony, a high-demand commercial center strategically located on E Cypress Ave near the bustling intersection of Churn Creek Rd and close to I-5. This prime location offers excellent visibility and high foot traffic, with traffic counts of approximately 26,000 cars per day. Cypress Colony is the ideal destination for businesses seeking to capitalize on the area's vibrant energy and strong consumer presence.

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.


Year Built: 1960
Building Size: 13392sq ft
Lot Size: 0.78 acres


Documents

Cypress Colony_Lease Brochure

Units for Lease

916 E Cypress Ave, Suite 400
Space Available: 1358 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $1.25
926 E Cypress Ave, Suite 900
Space Available: 1432 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $1.25

Map of 916 and 926 E Cypress Ave., Redding, CA, 96002

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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