2221 Forest Avenue, Chico, CA 95928

$2,995,000
List Price
$2,995,000
Status
ACTIVE
MLS#
SN22005234
Year Built
1992
Lot Size
51,836
Acres
1.19
Lot Location
Near Public Transit
Days on Market
3
Property Type
Commercial
Property Sub Type
Office

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.

Additional Information

Water
Public
Attached Structure
Detached

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Listing courtesy of Listing Agent: Brandon Harris from Listing Office: Harris Commercial Real Estate

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.