Restaurant
Chick-fil-A w/ 3-Lane Drive-Thru | 15 Yr NNN Ground Lease | NorCal | Pad to #1 Costco in Region
Bechelli Ln, Redding (NorCal), CA 96002
Listing Price: $4,571,314
Investment Overview
Redding is a city located in the northern part of California, USA. The economy of Redding is diverse, with several industries contributing to its growth and development. One of the major industries in Redding is healthcare. The city is home to several hospitals and medical facilities, including Mercy Medical Center and Shasta Regional Medical Center. These facilities employ a large number of people and provide a significant contribution to the local economy. Another major industry in Redding is retail. The city has several shopping centers and malls, including the Mt. Shasta Mall and the Cascade Square Shopping Center. Retail businesses provide employment opportunities for many people in the city and also contribute to the local tax base. Redding is also home to several manufacturing companies, including Sierra Pacific Industries and JH Heinz Company. These companies produce a variety of products, including lumber, food products, and electronic components. Manufacturing provides jobs for many people in Redding and also contributes to the city’s economic growth. Tourism is also an important part of the economy in Redding. The city is located near several popular outdoor destinations, including Lassen Volcanic National Park and the Shasta-Trinity National Forest. Visitors to these areas often stop in Redding for supplies, lodging, and other services, providing a boost to the local economy. Overall, the economy of Redding is diverse and includes a range of industries that provide employment opportunities for many people in the city. The city’s location near popular outdoor destinations also makes it a popular tourist destination, further contributing to its economic growth.
Chick-fil-A w/ 3-Lane Drive-Thru | 15 Yr NNN Ground Lease | NorCal | Pad to #1 Costco in Region
Investment Highlights
- 15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction w/ Triple Lane Drive-Thru.
- Features Perimeter Freeway Sign, Pole Sign and Monument Sign that Chick-fil-A will be featured on Prominently.
- Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of more than $18 Billion and Average Sales Per Unit of $8.5 Million.
- Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility - Brand New Roundabout at Bonneyview/Bechelli Intersection. Immediate Access to/from Interstate-5 in all Directions.
- Within River Crossing Marketplace - a Costco (Ranked Top 20% per Placer.ai: | 3M+ Annual Visitors) Anchored Regional Shopping Center. Nearly 90% of the Trade Area Population is w/in 20 Minutes of the Property. Numerous Subdivisions are in Development Nearby, raising the Prominence of this Center even higher.
- Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - More than 400k Sq.Ft. of New Retail Development planned within the Immediate Area. Densely Populated and Affluent Area: Features an Average Household Income of more than $97k within a 1-Mile Radius and over 89k People Residing within a 5-Mile Radius.
- Minutes from Mt. Shasta Mall - a Popular Shopping Destination featuring more than 80 Stores. It is One of only Four Malls serving California North of Sacramento - Comprises the Largest gathering of Retailers within a 400 Mile Stretch of Interstate 5.
- The City of Redding is the Center of Trade and Commerce for the Upstate Region of Northern California. It is the Largest City North of Sacramento and is Strategically Located on I-5, Equidistant Between Seattle and Los Angeles. Less than a Mile from a Proposed New Casino, Hotel and Convention Center - Plans include a 69k Sq.Ft. Casino w/ 1,200 Slot Machines and 36 Game Tables, a 250-Room Hotel, an 1,800-Seat Event Center and a 1,500-Seat Outdoor Amphitheater.
Exclusively Listed By
Financing By
Restaurant
Chick-fil-A w/ 3-Lane Drive-Thru | 15 Yr NNN Ground Lease | NorCal | Pad to #1 Costco in Region
Listing Price: $4,571,314
Investment Highlights
- 15 Year NNN Ground Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Brand New 2024 High Quality Construction w/ Triple Lane Drive-Thru.
- Features Perimeter Freeway Sign, Pole Sign and Monument Sign that Chick-fil-A will be featured on Prominently.
- Chick-fil-A named the #1 Fast-Food Restaurant in America with Annual Sales of more than $18 Billion and Average Sales Per Unit of $8.5 Million.
- Positioned Along Area's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility - Brand New Roundabout at Bonneyview/Bechelli Intersection. Immediate Access to/from Interstate-5 in all Directions.
- Within River Crossing Marketplace - a Costco (Ranked Top 20% per Placer.ai: | 3M+ Annual Visitors) Anchored Regional Shopping Center. Nearly 90% of the Trade Area Population is w/in 20 Minutes of the Property. Numerous Subdivisions are in Development Nearby, raising the Prominence of this Center even higher.
- Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics - More than 400k Sq.Ft. of New Retail Development planned within the Immediate Area. Densely Populated and Affluent Area: Features an Average Household Income of more than $97k within a 1-Mile Radius and over 89k People Residing within a 5-Mile Radius.
- Minutes from Mt. Shasta Mall - a Popular Shopping Destination featuring more than 80 Stores. It is One of only Four Malls serving California North of Sacramento - Comprises the Largest gathering of Retailers within a 400 Mile Stretch of Interstate 5.
- The City of Redding is the Center of Trade and Commerce for the Upstate Region of Northern California. It is the Largest City North of Sacramento and is Strategically Located on I-5, Equidistant Between Seattle and Los Angeles. Less than a Mile from a Proposed New Casino, Hotel and Convention Center - Plans include a 69k Sq.Ft. Casino w/ 1,200 Slot Machines and 36 Game Tables, a 250-Room Hotel, an 1,800-Seat Event Center and a 1,500-Seat Outdoor Amphitheater.
Investment Overview
Redding is a city located in the northern part of California, USA. The economy of Redding is diverse, with several industries contributing to its growth and development. One of the major industries in Redding is healthcare. The city is home to several hospitals and medical facilities, including Mercy Medical Center and Shasta Regional Medical Center. These facilities employ a large number of people and provide a significant contribution to the local economy. Another major industry in Redding is retail. The city has several shopping centers and malls, including the Mt. Shasta Mall and the Cascade Square Shopping Center. Retail businesses provide employment opportunities for many people in the city and also contribute to the local tax base. Redding is also home to several manufacturing companies, including Sierra Pacific Industries and JH Heinz Company. These companies produce a variety of products, including lumber, food products, and electronic components. Manufacturing provides jobs for many people in Redding and also contributes to the city’s economic growth. Tourism is also an important part of the economy in Redding. The city is located near several popular outdoor destinations, including Lassen Volcanic National Park and the Shasta-Trinity National Forest. Visitors to these areas often stop in Redding for supplies, lodging, and other services, providing a boost to the local economy. Overall, the economy of Redding is diverse and includes a range of industries that provide employment opportunities for many people in the city. The city’s location near popular outdoor destinations also makes it a popular tourist destination, further contributing to its economic growth.
Exclusively Listed By
Financing By
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