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3455 Placer St

redding, CA 96001
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

3455 Placer St is situated in the West Redding retail submarket, positioned along a primary east-west arterial road. The property is located within a established commercial corridor characterized by a mix of neighborhood shopping centers, professional offices, and residential density. Nearby amenities include national grocery anchors, pharmacies, and local dining options. The site offers direct street frontage with multiple points of ingress and egress. It is accessible via the Redding Area Bus Authority (RABA) transit lines and maintains proximity to the downtown core and Highway 299, facilitating regional connectivity for commuters and local residents. The property’s layout and visibility are suited for neighborhood-serving retail, service-oriented businesses, or satellite medical offices. Typical tenants for this location include specialty retailers, fitness studios, storefront clinics, or professional service firms such as insurance and real estate agencies. The surrounding residential demographics support businesses that benefit from daily-needs traffic and frequent neighborhood visits. The asset offers flexible floor plates designed to accommodate single-tenant occupancy or multi-tenant configurations, providing functional space for operators requiring high-traffic exposure and convenient customer parking in a stable commercial environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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