Listed by Capital Rivers Commercial - Haedrich Group
$3,500,000
359 Park Marina Circle
Details
Property Type Office
Sub Type Executive Office
Square Footage 21,516
Tenancy Vacant
Lease Type NNN
Price per SqFt $163
Class A
Year Built 1988
Year Renovated 2018
Zoning Retail
Parking Spaces 235 spaces
Parking per 1,000 SqFt 10.92
Build to suit existing building
Marketing description
±21,516 square foot former movie theater shell at 359 Park Marina Circle offers flexible space under General Commercial – Visitor Retail zoning. Constructed of CMU with pilaster columns, the structure supports full interior customization for retail, entertainment, office, or mixed-use projects. HVAC units were replaced between 2012 and 2015 and have had minimal operation since, ensuring reliable performance. This building has 20’ ceilings and it was built in 1988 with a new PVC roof installed in 2018. The property will be delivered in a warm shell condition, with landlord negotiation available to tailor tenant improvements to your specifications.
Location Description
Situated on Park Marina Circle, the property features 235 fully lit parking stalls providing visibility and ease of access. Located near major traffic corridors, the site benefits from consistent drive-by exposure and convenient ingress and egress. Surrounding businesses include retail destinations, restaurants, and service providers that draw steady consumer foot traffic. Proximity to regional highways enhances access for customers and employees, while nearby amenities support a range of commercial uses.
Investment highlights
- Large warm shell building with tall ceilings and abundant parking in the center of Redding, CA.
- General Commercial – Visitor Retail zoning supports multiple uses including retail, entertainment, or mixed-use.
- 235 fully lit parking stalls offering visibility, convenience, and safety.
- Building includes new PVC roof in 2018 and updated HVAC from 2012–2015.
Listing Contacts
Listed by Capital Rivers Commercial - Haedrich Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
