2453-2471 Athens Ave
Redding, CA 96001
Cypress Square Shopping Center · Retail Property For Sale

The Kase Group is pleased to offer the opportunity to acquire Cypress Square, a 90% leased shopping center in Redding, California. The property consists of roughly 88,447 square feet of building space leased to both local and national tenants. The site benefits from excellent visibility from Cypress Avenue, close proximity to Interstate 5 and strong strategic placement for community shopping center use for the surrounding residential neighborhoods. Cypress Square benefits from a diverse, stabilized mix of tenants. The current owner has completed a number of capital improvements/tenant improvements to maintain legacy occupancy and attract new tenants. Development potential: auto service tenant on month-to-month tenancy, site has potential to be converted to fast food site, retail pad, or spun off as separate pad.