Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.
The Shops at Mangrove are located in the heart of Chico at the gateway to downtown and California State University, Chico. This is one of the city's most attractive retail centers directly across from Chipotle, RiteAid and the Safeway anchored Park Plaza Shopping Center. This is a daily needs drive by location at the corner of Mangrove & Vallombrosa, with a combined traffic count of more than 35,000+ vehicles per day.Within walking distance to Chico Junior High, Chico State and Chico High School. The center is 90% leased out. The center consists of three separate buildings on two parcels. Two of the buildings at 605Mangrove (Parcel 003-210-018) are a leasehold interest with a long term ground lease. The third building at 615 Mangrove (Parcel 003-210-019) is on a fee parcel. The ground lease has approximately 42 years ofcontrol remaining including options. The NOI has been calculated net of the annual ground lease payments. The ground lease provides for a 12% increase every five years. The leasehold interest vs fee ownershipallows an investor to own a newer quality center at a higher than average cap rate compared to comparable quality assets in California.
Great Investment Opportunity or owner user possibility! This office building is located in a highly desirable part of South Chico. There are currently three units. Each unit has been extensively built out with private offices, built in reception, and sinks. Common area has been remodeled and the exterior was painted in 2021. The largest unit has flexibility and could vacate for an owner/user purchase or own as an investor. Lots of possibilities.
Look at this great property that is now fully Leased to a local business and has been recently painted on the inside and out. The seller has just installed 4 new cooler systems, replaced the roof, stripped the parking lot, and a new rear rollup door to the back entrance. This concrete building has mostly been used as a GYM over the years, but with a CN (neighbor Commercial) zoning there are many possibilities. A lobby is at the front entrance and there is an office, 2 restrooms, and a shower room with a full mezzanine above the Office space. This could be the answer to your client's 1031 Exchange concerns.
19.88 acres located just outside of Chico with two different zonings. The eastern portion is zoned Agricultural Services (AS) with the balance zoned as A40. The AS zone allows for uses such as Ag equipment sales and rental, light manufacturing, warehousing, and distribution and storage. The property has an existing metal building, and a 3-bedroom two bath residence and barn. The well has a new 5 H.P. submersible pump to irrigate whatever you want to plant on this great soil.
Great opportunity for investment in prominent area of professional office buildings, Philadelphia Square. Long term tenant. New fifty year composition roof just installed and recently had ADA requirements finished and landscaped.
Turnkey rice dryer with 90,000 sack capacity. There are 3-48' bins, one with a spreader and newer metal floors; 3-36' bins with heat, spreaders and stirrers and 2-20' sweat bins. All bins have air, there are two elevators and a 70' truck scale and a Carter-Day scalper. The electronics have been upgraded to PLC control and the energy source is propane.
Do not miss the opportunity to take ownership of Scotty's Bar and Grill, located at the confluence of Pine Creek and the Sacramento River. Community would like this spot to SHINE again! THIS USE TO BE ONE OF THE MOST DRAMATIC SETTINGS FOR A SPORTS BAR, OUTDOOR EVENT AND DINING PLEASURES. This popular spot still attracts many locals and travelers. Owner is motivated and Passionate to let someone else bring their own vision and bring the GOOD OLD DAYS BACK TO LIFE! HURRY UP! LAST CHANCE TO OWN IT AS THERE WILL BE NO MORE ALLOWED ON THE SACRAMENTO RIVER. CALL TODAY AND BOOK YOUR PRIVATE TOUR. Showings by appointment only!