Chico, CA 95928,2221 Forest AVE
See all 16 photos
Chico, CA 95928,2221 Forest AVE
Chico, CA 95928,2221 Forest AVE
Chico, CA 95928,2221 Forest AVE
Chico, CA 95928,2221 Forest AVE

$2,850,000

Est. payment /mo

$2,995,000

4.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2221 Forest AVE Chico, CA 95928

1.19 Acres Lot

SOLD DATE : 07/22/2022

Key Details

Sold Price $2,850,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SN22005234

Sold Date 07/22/22

HOA Y/N No

Year Built 1992

Lot Size 1.190 Acres

Property Sub-Type Office

Property Description

Single-tenant triple net leased building occupied by AAA of Northern California, Nevada and Utah (AAA). The subject property is located on the hard corner of Forest Avenue and Flying V Street in the heart of the main retail corridor in Chico, CA. Immediately to the north is the Chico Mall (HomeGoods, Burlington, Dick's Sporting Goods, JC Penney, Petco, Planet Fitness), The Village Center (Target, Hobby Lobby, Big Lots), Pheasant Run Shopping Center (Best Buy, Old Navy, Staples, PetSmart), and Walmart. To the south is Skypark Plaza (Raley's, Ross, Mattress Firm, Starbucks), Lowe's, Home Depot, and TJ Maxx. The property is maintained by the tenant with minimal landlord responsibilities. The property is oversized for the 8,427 square foot building with a parking ratio of 6.65:1,000 SF and a site coverage of 16.25%. AAA has occupied the building since it was built in 1992, and has recently exercised a three-year extension with a lease termination date of June 30, 2025. Call listing broker for further lease details. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information contained herein.

Location

State CA

County Butte

Interior

Fireplace No

Laundry None

Building

Lot Description Near Public Transit

Story 1

Water Public

Others

Tax ID 002550021000

Financing Cash to Loan

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Brandon Harris • Harris Commercial Real Estate
Bought with Brandon Harris • Harris Commercial Real Estate
agent
Sam Louis

License ID: 02203602

+1(949) 357-0611 | sam@louisestategroup.com

GET MORE INFORMATION

Name
Phone*
Message