924-928 Cypress Ave
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924-928 Cypress Ave
9,635 SF 66% Leased Retail Building Redding, CA 96001 £567,276 (£59/SF)
Investment Highlights
- Strong traffic demand
- 9,730 sq. ft. for less than $79.00 per sq. foot.
- Great exposure off Cypress
Executive Summary
Great exposure off Cypress Avenue. Strong traffic demand. Single story strip center. Multi-use building. Back fenced-in area with additional parking. Iron fencing/gates for additional security. 9,730 sq. ft. for less than $79.00 per sq. foot. Two thirds of building is currently occupied. Roof is 5 years old. Unit 926 (2150 sq. ft.) is vacant. Current income $4,850 per month
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,635 SF
Building Class
C
Year Built
1970
Price
£567,276
Price Per SF
£59
Percent Leased
66%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.26
Land Acres
0.84 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
3.84 Spaces per 1,000 SF Leased
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 102-450-007-000 | Improvements Assessment | £464,362 |
| Land Assessment | £125,787 | Total Assessment | £590,150 |
PROPERTY TAXES
Parcel Number
102-450-007-000
Land Assessment
£125,787
Improvements Assessment
£464,362
Total Assessment
£590,150
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Taylor Eilts -
House of Realty, Inc.
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924-928 Cypress Ave
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