Redding, CA - Holiday Market

Description:

• Tenant will sign a brand new 20-year lease at the close of escrow with 4 (5-year) options to extend
• Strong Sales since opening - inquire with agent for details
• New construction high end grocery prototype for Holiday Market that is modeled after Whole Foods
• The tenant, North State Grocery, Inc. is a well-established 21 location retail grocery chain headquartered in Cottonwood, California. Founded in the early 1960s, the company operates two distinct grocery store brands throughout Northern California and Oregon: Holiday Market and Sav•Mor Foods

• 32,000 cars per day at the intersection of Hartnell Avenue & Shasta View Drive
• Direct freeway ramp access to I-5 (61,000 CPD), and SR 44 (60,500 CPD)
• 1,046 single-family homes and 152 multifamily units under construction, proposed, and entitled
• 410,000 SF of industrial and office buildings proposed at Stillwater Business Park (SBP) next to Redding Airport; businesses include a 250,000 SF Insectary, 150,000 SF for Cal Fire across 13 buildings, 95,000 SF Amazon Facility (34 acres), and a 10,000 SF Frito Lay facility