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1350 Lake Blvd
Redding, CA 96003
Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 1350 LAKE BLVD , REDDING, CA 96003
Embree Capital Markets Group is pleased to offer for sale a high-quality, single-tenant, net-leased discount retail asset. The property was newly built in 2017 and is being offered free and clear of any debt. It is a unique opportunity for an investor to acquire a well-located, investment-grade, credit-tenant asset in a desirable California geography. Redding, California is the largest city in the Shasta Cascade region situated in Shasta County. It is located approximately 150 miles north of Sacramento, California, and 135 miles south of the Oregon Border. The city has a total area of 61.2 square miles and has a population of 89,861 per the 2010 United States Census. The population density of Redding is 1,468.9 per square mile. In 2014 the employment rate in Redding was 90.5% with the top employers being Shasta County, Mercy Medical Center, City of Redding, Shasta Regional Medical Center, and Shasta College. Mercy Medical Center and Shasta Regional Medical Center are the two major general hospitals located in Redding making it the medical hub of northern California. Redding has a continuous draw of new residents partially due to the college campuses of Simpson University, Shasta College, and California State University.
PROPERTY TAXES
| Parcel Number | 114-080-040-000 | Improvements Assessment | $1,717,664 |
| Land Assessment | $580,292 | Total Assessment | $2,297,956 |
PROPERTY TAXES
