55 lake blvd available for sale...• less than 2 miles from the mt. shasta mall & in close...

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±94,078 SF BUILDING & ±9.59 AC AVAILABLE FOR SALE CALL FOR OFFERS DUE BY MARCH 15TH, 2019 55 LAKE BLVD REDDING, CA © Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals. Blair J. Wheatley Director +1 916 329 1547 [email protected] LIC #01499974 David Klein, Esq. SIOR LEED AP MCR Executive Managing Director +1 415 828 2188 [email protected] LIC #00790730 400 Capitol Mall, Suite 1800 Sacramento, CA 95814 T: +1 916 288 4800 F: +1 916 446 0024 cushmanwakefield.com

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Page 1: 55 LAKE BLVD AVAILABLE FOR SALE...• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area • Located in Redding, CA; the largest city north

±94,078 SF BUILDING & ±9.59 ACAVAILABLE FOR SALE

CALL FOR OFFERS DUE BY MARCH 15TH, 2019

55 LAKE BLVDREDDING, CA

© Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

Blair J. Wheatley Director +1 916 329 1547 [email protected] LIC #01499974

David Klein, Esq. SIOR LEED AP MCR Executive Managing Director +1 415 828 2188 [email protected] LIC #00790730

400 Capitol Mall, Suite 1800 Sacramento, CA 95814 T: +1 916 288 4800 F: +1 916 446 0024 cushmanwakefield.com

Page 2: 55 LAKE BLVD AVAILABLE FOR SALE...• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area • Located in Redding, CA; the largest city north

PROPER TY H IGHL IG HTS• ±94,078 SF building standing on a ±9.59 AC lot

• Approximate Dimensions: 265.4’ Deep x 349.2’ Wide & Building Height: 22’±

• Large parking lot with ±389 total parking spaces

• Located on the highly visible corner of North Market St. & Lake Blvd.

• Exceptional traffic counts

• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area

• Located in Redding, CA; the largest city north of Sacramento

• Less than 5 minutes from the Interstate 5 interchange

Location: 55 Lake BlvdRedding, CA

APN: 244-0202-001

Space Available: Building Size = ±94,078 SFParcel Size = ±9.59 Acres (±417,987 SF)

Zoning: SC

Trade Area Neighbors: Raley’s, O’Reilly Auto Parts, Carl’s Jr., Arby’s, McDonald’s, Popeye’s, Dollar Tree, & AutoZone

© Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

PROPERTYPROFILE

55 LAKE BLVDREDDING, CA

Page 3: 55 LAKE BLVD AVAILABLE FOR SALE...• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area • Located in Redding, CA; the largest city north

© Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

N

AERIAL - CLOSE UP

±94,078 SFAVAILABLE

55 LAKE BLVDREDDING, CA

SITE

N.

MA

RK

ET

ST

- ±

12

,50

0 A

DT

LAKE BLVD - ±24,124 ADT

Page 4: 55 LAKE BLVD AVAILABLE FOR SALE...• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area • Located in Redding, CA; the largest city north

© Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

N

N. M

ARKET

ST.

TRADE AREA AERIAL 55 LAKE BLVDREDDING, CA

SITE

5

44

299

MT. SHASTA MALL

PROPOSED CHURN CREEK MARKETPLACE

PROPOSED

Page 5: 55 LAKE BLVD AVAILABLE FOR SALE...• Less than 2 miles from the Mt. Shasta Mall & in close proximity to a large retail trade area • Located in Redding, CA; the largest city north

© Copyright - All rights reserved. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors omissions, change of price, rental or other conditions, withdrawal without notice, and to any specific listing conditions, imposed by our principals.

MED. HOUSEHOLD INCOME TRAFFIC COUNTS

TOTAL POPULATION DAYTIME POPULATION MEDIAN AGE#1 MILE 1 MILE 1 MILE

3 MILE 3 MILE 3 MILE

5 MILE 5 MILE 5 MILE

42.7

39.2

39.1

YEARS OLD

YEARS OLD

YEARS OLD

7,167 6,630

42,954 60,122

92,303 105,861

1 MILE

3 MILE

5 MILE

LAKE BLVD. 24,124 ADT

N. MARKET ST. 12,500 ADT

$40,276$44,414$48,136

DEMOGRAPHICS1,3,5 MILE RADIUS

55 LAKE BLVDREDDING, CA