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Rite Aid 975 E Cypress Ave 16,208 SF of Retail Space Available in Redding, CA 96002
HIGHLIGHTS
- ±16,208 SF former Rite Aid retail building with drive-thru in Redding, CA.
- Traffic counts of over 30,000 cars daily at Cypress Avenue and Churn Creek Road.
- ±75 off-street parking spaces plus ±1,200 square foot secured outdoor patio.
- Retail improvements in place including ±65-foot reach-in refrigerator and freezer cold-box.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,208 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $339,376 CAD/YR $28,281 CAD/MO | Triple Net (NNN) |
1st Floor
Former Rite Aid building available for lease in Redding, CA on one of the busiest intersections at Cypress Avenue and Churn Creek Road. With over 30,000 cars passing by per day, this approximately 16,208 square foot building has some of the best exposure in the market. Constructed in 1998, this standalone building includes a double lane drive-thru and 75 off-street parking spaces. The interior is currently improved for a retail store with check-out counters, all shelving, lighting, audio and security systems still in place, not to mention it includes a reach-in refrigerator and freezer cold-box that is approximately 65 feet long along the back wall. The interior clear height to the T-bar ceiling is 12' and the building has fire sprinklers throughout. The receiving area includes a roll-up door for deliveries and the property is supplied with 800 Amps of power. The building includes an outdoor 1,200 square foot fenced/secured patio/garden center and the landscaping is in excellent condition. Ideally located in central Redding off the Cypress Avenue exit for easy accessibility from all parts of town. With General Commercial zoning the property allows for myriad uses, and with new construction underway directly next door for a new Premier Oil Change & Carwash, and My Place hotel, the development activity is further evidence of the excellent location quality and exposure.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Drive Thru
- ±1,200 square foot secured outdoor patio.
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.
SELECT TENANTS AT RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 16,208 SF | Gross Leasable Area | 16,208 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Drug Store |
| Total Space Available | 16,208 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 16,208 SF |
| Year Built | 1998 |
ABOUT THE PROPERTY
Located at the signalized intersection of Cypress Avenue and Churn Creek Road, the property benefits from traffic counts exceeding 30,000 cars per day and immediate access from Interstate 5 via the Cypress Avenue exit. Surrounding development includes Premier Oil Change & Carwash and My Place Hotel, underscoring continued commercial growth in the area. The site offers excellent visibility, accessibility, and exposure within Redding’s central retail corridor.
NEARBY MAJOR RETAILERS
Presented by
Rite Aid | 975 E Cypress Ave
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