Corp. Surplus | 2 Adjacent Retail Bays | 43,660 SF Redding, CA

Property Location MAP

1260 & 1270 Churn Creek Rd
Redding, CA 96003

Property #: KEY5039

Contact Agent

Tiffeny Cook
Tranzon Asset Strategies

888-314-1314 tcook@tranzon.com
Note: Online bidding will close on Wednesday, May 22 at 2:00pm ET (11:00am PT)

Corporate Surplus - 2 Adjacent Retail Bays Totaling 43,660+/- SF, Redding, CA
  • Properties to be offered together
  • Prime retail space across from Mt. Shasta Mall
  • Largest retail/commercial trade area in Shasta Cascade region (between Sacramento and Oregon state line)
  • Convenient, highly visible location just +/-0.5 mi to I-5 interchange with CA-44
  • Nearby retail and restaurants including Home Depot, Target, Walmart, Starbucks, Kohl’s, In-N-Out, Olive Garden, Best Buy, Trader Joe’s, Cinemark, Hobby Lobby, Chipotle and many more
  • High-traffic, easily accessible location with monument signage
  • Average daily traffic count Churn Creek Rd. and Old Alturas Rd. +/- 16,000
  • Zoned Regional Commercial which allows for a variety of uses
  • Some use restrictions under the CCR’s & REA’s (see PIP section 9)

1260 Churn Creek Rd:
  • 20,160sf Freestanding Jr. anchor space on 2.33 acres
  • Former Barnes & Noble location
  • 12’ Interior T-bar ceiling
  • 400 Amp, 3-phase electric
  • 104 Parking spaces
  • Signage on 2 sides of building

1270 Churn Creek Rd:
  • 23,500sf Freestanding anchor space on 2.12 acres
  • Former Office Max location
  • 18’ Interior open ceiling (steel truss)
  • 400 Amp, 3-phase electric
  • (2) Truck loading docks
  • 118 Parking spaces
  • Signage on 2 sides of building

Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.

Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Tranzon Asset Strategies, DRE License 01850659 | Tiffeny Cook, DRE License 01406706 | Michael C. Walters, Broker

Directions:

From Interstate 5, take exit 678 toward Eureka/CA-44/Susanville/Hilltop Dr., turn left onto Hilltop Dr., turn right onto Dana Dr., turn left onto Churn Creek Rd., turn left onto Old Alturas Rd., turn right into parking lot.

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Tiffeny Cook

Tiffeny Cook: Tranzon Asset Strategies

888-314-1314 tcook@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 40-Day closing, sold in As-Is condition, no contingencies.
  • Deposit Amount: High bidder is required to execute a Contract for Sale and Purchase of Real Estate and remit to Tranzon by close of business the day of the auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Broker Co-op: 1% of the high bid will be paid to a properly registered broker at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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