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359 Park Marina Cir 21,516 SF of Retail Space Available in Redding, CA 96001
HIGHLIGHTS
- General Commercial – Visitor Retail zoning supports multiple uses including retail, entertainment, or mixed-use.
- Building includes new PVC roof in 2018 and updated HVAC from 2012–2015.
- 235 fully lit parking stalls offering visibility, convenience, and safety.
- Large warm shell building with tall ceilings and abundant parking in the center of Redding, CA.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 21,516 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $540,623 CAD/YR $45,052 CAD/MO | Triple Net (NNN) |
1st Floor
This ±21,516 square foot former movie theater shell, built in 1988, features 20’ ceilings and is zoned General Commercial – Visitor Retail. The structure is constructed of CMU with pilaster columns and offers full interior customization potential for retail, entertainment, office, or mixed-use concepts. HVAC units were replaced between 2012 and 2015 and have had minimal use since, ensuring reliable performance. A new PVC roof was installed in 2018. The space will be delivered in warm shell condition, with landlord flexibility to accommodate tenant improvements tailored to your specifications. Warm Shell Lease Rate: $2.34/PSF triple net ($50,350/month). As-Is Lease Rate: $1.50/PSF triple net ($32,275/month). As-Is Purchase Price: $3,500,000
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 21,516 SF | Gross Leasable Area | 21,516 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Movie Theatre | Parking Ratio | 10.92/1,000 SF |
| Total Space Available | 21,516 SF |
| Property Type | Retail |
| Property Subtype | Movie Theatre |
| Gross Leasable Area | 21,516 SF |
| Year Built | 1988 |
| Parking Ratio | 10.92/1,000 SF |
ABOUT THE PROPERTY
Located at 359 Park Marina Circle, this property offers high visibility and accessibility with 235 fully lit parking stalls. Positioned near major traffic corridors, it benefits from consistent drive-by exposure and convenient ingress and egress. The surrounding area includes a mix of retail destinations, restaurants, and service providers, drawing steady consumer foot traffic. Proximity to regional highways enhances accessibility for both customers and employees, while nearby amenities support a variety of business needs.
- Signage
NEARBY MAJOR RETAILERS
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359 Park Marina Cir
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