994 E 20th Street Chico, CA 95928

$1,965,000 Active

About the Property

Conveniently located in a high traffic, commercial area directly across the street from the Chico landmark, Sierra Nevada Brewery. This property has been meticulously maintained. New roof coating in 2017 (with 18 year warranty), and new perimeter fencing recently installed. The 21,448 sq ft metal building features 4,000 sq ft of conditioned office/retail space, 3 restrooms and 3 roll-up doors in the warehouse area. The property is gated and fully fenced. This hands off investment has a cap rate of 6% with annual CPI adjustments and a long term tenant with no plans to vacate. Do not disturb business/tenants, call for more information.

Property Information

Size 21,448 SqFt
Price/SqFt $91.62
Year Built 1990
Property Type Warehouse
Listing Number SN22204567
Listed 9/20/2022
Modified 9/20/2022
Listing Agent Kristin Wilson Ford
Listing Office Re/Max of Chico

Property Features

# of Buildings
  • 1
# of Units Leased
  • 1
Cap Rate
  • 6.00
Office SqFt
  • 4000
Parking Total
  • 34.00
Roof
  • Metal
Total MonthlyRent
  • 9838
Uncovered Spaces
  • 34.00
Water Source
  • Public
Heating
  • Central
  • Natural Gas
Industrial Type
  • Warehouse/Distribution
  • Warehouse/Office
Business Type
  • Distribution
  • Warehouse
  • Wholesale
Land Use
  • Industrial
  • Office
  • Other
  • Retail
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Phone Connected
  • Sewer Connected
  • Water Connected
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