Address
2221 Forest Avenue Chico, CA
Price
$ 2,995,000
Property Attributes
  • MLS#SN22005234
  • TypeCommercial
  • CountyBUTTE
  • CityChico
  • Zip95928
  • StyleOffice
  • Price$ 2,995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8427
  • Lot Size1.18999 Acres
Listing Provided Courtesy Of:
Brandon Harris with Harris Commercial Real Estate - 530-828-9289
Data Source:
California Regional MLS (CRMLS)
Property Description

Single-tenant triple net leased building occupied by AAA of Northern California, Nevada and Utah (AAA). The subject property is located on the hard corner of Forest Avenue and Flying V Street in the heart of the main retail corridor in Chico, CA. Immediately to the north is the Chico Mall (HomeGoods, Burlington, Dick's Sporting Goods, JC Penney, Petco, Planet Fitness), The Village Center (Target, Hobby Lobby, Big Lots), Pheasant Run Shopping Center (Best Buy, Old Navy, Staples, PetSmart), and Walmart. To the south is Skypark Plaza (Raley's, Ross, Mattress Firm, Starbucks), Lowe's, Home Depot, and TJ Maxx. The property is maintained by the tenant with minimal landlord responsibilities. The property is oversized for the 8,427 square foot building with a parking ratio of 6.65:1,000 SF and a site coverage of 16.25%. AAA has occupied the building since it was built in 1992, and has recently exercised a three-year extension with a lease termination date of June 30, 2025. Call listing broker for further lease details. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information contained herein.

Price History
1/14/2022 Listed $2,995,000

General Features

Listing Agent Brandon Harris - BRE#01318261
Listing Agent State License 01318261
Lot Size Square Feet 51836
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active

Interior Features

Laundry Features None

Exterior Features

Lot Features Near Public Transit
Lot Size Acres 1.19
Lot Size Area 51836
Lot Size Source Assessor
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 95928

Price
AVG $650K
$3M
Visits
AVG 31
1
Year Built
AVG 1970
1992

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