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Cypress Pointe Shopping Center 4 Retail Properties in Redding, CA
Investment Highlights
- Shadow-Anchored by Safeway, CVS & Lowe’s (NAP) – Benefits from consistent daily-needs traffic generated by adjacent anchors.
- Service and Necessity-Oriented Tenant Mix – In-place tenancy is weighted toward uses that drive repeat visitations.
- Leasing Execution Opportunity – Future NOI growth supported by scheduled lease rollover and the lease-up of existing vacancy.
- Positioned Within Redding’s Primary Retail Node – Proximate to Mt. Shasta Mall and surrounded by national retailers.
- Established Regional Trade Area – Approximately 153,000 residents within a 10-mile radius with average household incomes of approximately $83,000.
- Parcelized Exit Strategy – Individually parcelized pads and shop buildings allow investors additional exit flexibility.
Executive Summary
Cypress Pointe Shopping Center is a shadow-anchored neighborhood retail center located within Redding’s primary retail corridor. Situated along East Cypress Avenue, one of the city’s principal commercial arterials, the Property benefits from immediate adjacency to Safeway, CVS, and Lowe’s, as well as proximity to Mt. Shasta Mall, the only regional mall within approximately 50 miles. Cypress Pointe is positioned within the dominant retail node serving the greater Shasta County region, supported by a concentration of national retailers and a well-established regional trade area.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 29,670 SF |
| Number of Properties | 4 | Total Land Area | 5.08 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 29,670 SF |
| Total Land Area | 5.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1080-1090 E Cypress Ave, Redding, CA 96002 | Retail | 13,175 SF | 2003 | - |
| 1040 E Cypress Ave, Redding, CA 96002 | Retail | 6,000 SF | 2002 | - |
| 1020 E Cypress Ave, Redding, CA 96002 | Retail | 5,495 SF | 2002 | - |
| 1030 E Cypress Ave, Redding, CA 96002 | Retail | 5,000 SF | 2002 | - |
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Cypress Pointe Shopping Center