$3,990,000
( $107.26Per Sq Foot )
 $21,419 est/mo Sourced by Back At You

422 Otterson Drive , Chico, CA 95928

Chico, CA 95928

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Description

Solid industrial Net Income investment Property (NNN) fully leased. Modern 37,200 sq. ft. concrete tilt up building in desirable Hegan Lane Industrial Park. Leased by a long time respected national tenant offering an investor an attractive Net Income Return/CAP Rate. Tenant pays all Operating Expenses except insurance. Fully served by solar power for added value, and a newer roof (approximately 10 years old). The building has four Dock High and two grade level roll up doors on the north side (10 feet high) and two grade level doors on the south side (14 feet high) for a total of eight roll up doors. Ceiling height is 23 feet high. Two story modular conditioned offices in the front including break rooms and conference room and conditioned offices in the far back of the warehouse. The tenant is a major national door machinery manufacturing company headquartered in Ohio with facilities in California and North Carolina.

Details

MLS#SN24182139
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1991
Days On Site67
Listing Provided ByColdwell Banker C&C Properties 530-895-1545 | Michael Donnelly

Features

SQ Feet37,200
Story(s)1
Acreage2.17

Market Activity 95928

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 2 minutes ago
StateCA
CountyButte
CityChico
Zip Code95928
Listing VS Median (in 95928)
Price:
$3,990,000
low | high
Med:
$7,000
100% of Average
SqFt:
37,200
low | high
Med:
10,000
100% of Average
$ / SqFt:
$107
low | high
Med:
$1
100% of Average
On Site:
67
low | high
Med:
205.000000
32.682926829268% of Average
Sourced by Back At You
Listing Updated: October 29, 2024 at 11:26:44 AM PDT