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2035 Forest Avenue
Chico, CA 95928

$2,100,000

Sq. Ft.: N/A
Type: Commercial
Listing #CH17194294
The subject property is an ±8,740 SF office building located on Forest Avenue just south of 20th Street in Chico, CA. Tenanted by Associated Pension Consultants (APC) HQ, the building sits in the heart of the main retail and commercial corridor in the city flanked by the major operators in Chico including Walmart, Target, Best Buy, Big Lots, Lowe's, Winco, Old Navy, PetSmart. Also in the immediate area are the Chico Mall (Dick's, JC Penney, Forever 21, Kohl's), Butte Community College Chico Center, and Wittmeier Auto. Within one-half mile are Costco, World Market, Ulta, Home Depot, Raley's, Ross, TJ Maxx and more.APC executed a seven-year, four month lease July 1, 2014 which was followed by an approximately $250,000 infill to remodel the interior of the premises. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information and conduct all investigations.
Property Features
Location Information
County: Butte
Directions: Located just south of the Forest Avenue and 20th Street intersection
Exterior Features
Water Source: Public
Building Status: Existing
Building Total Area (Sq. Ft.): 8, 740
Additional Information
Property Type: COM
Property SubType: Office
Year Built: 1999
APN: 002370070000
Status: Active
Cap Rate: 6.12
Net Operating Income: 128596.00
Lot Square Feet Source: Assessor
Price Per Sq. Ft.: 240.27


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Monthly Tax: $
Monthly Insurance: $
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
This listing is courtesy of: Brandon Harris - Harris Commercial Real Estate
©2018 California Regional Multiple Listing Service, Inc. All Rights Reserved.
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. All data is deemed reliable but is not guaranteed accurate. Sale information is for personal and informational purposes only and is not an indication of a market analysis or an appraisal. Source MLSs include California Regional Multiple Listing Service, Inc. (CRMLS).
Central-North CRMLS data last updated at January 22, 2018 4:38 PM PT