For Lease
$2.16/SF/YR

1120 Forest AveChico, CA 95928

Shovel-ready pad, high traffic, build-to-suit

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional .77-acre commercial pad, located at 1120 Forest Ave in Chico, CA 95928, presents a unique investment opportunity. Situated in a CVS-anchored center, this site boasts double exposure on two signalized hard corners, ensuring high visibility and accessibility. The property offers compelling traffic counts, with Highway 32 registering 43,000 ADT and Forest Avenue at 20,000 ADT, resulting in a combined 63,000 ADT. The site is zoned Community Commercial (CC), allowing for a wide range of uses including drive-thru restaurants, banks, medical offices, and retail establishments. The parcel size, ranging from 33,541 to 43,560 square feet, is large enough to accommodate a standalone building with double drive-thru lanes, providing ample space for customer stacking. This shovel-ready pad is ideal for ground lease, build-to-suit, or joint venture opportunities. The property's prime location and flexible zoning make it an exceptional investment for developers and businesses seeking high-traffic exposure in a thriving Chico market.

Highlights

  • Shovel-ready pad site with $485,000 in completed site improvements.
  • Improvements include curbs, gutters, storm drains, city sewer, underground utilities, dedicated parking, and reciprocal parking with adjacent CVS.

Property Details for 1120 Forest Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
43,560 SF
Class
A

Unit(s) available at that property

Space
Size
43,560 SF
Rate per SF
$2.16

Location Insight

City
Chico
County
Butte
State
California
Latitude
39.737912387915
Longitude
-121.80469393861
1120 Forest Ave, Chico, California

FAQs

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1120 Forest Ave
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