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.
Size | 21,448 SqFt |
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Price/SqFt | $91.62 |
Year Built | 1990 |
Property Type | Warehouse |
Listing Number | SN22204567 |
Listed | 9/20/2022 |
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Modified | 1/18/2023 |
Listing Agent | Kristin Wilson Ford |
Listing Office | Re/Max of Chico |
Listed by Kristin Wilson Ford and Shane Collins of Re/Max of Chico. Listing data last updated 1/27/2023 at 3:28 PM PST.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/18/2023 6:37 PM. 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.
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