For Sale
$3,570,000
1030 Mangrove Ave Chico, CA 95926
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Investment-grade income from Starbucks (NASDAQ: SBUX) on a long-term NNN lease.
- 10-year lease with 5-year, 10% rent increases.
- New construction, prototypical Starbucks drive-thru.
- Prime location near Chico State University.
- High traffic counts: adjacent to 1st Avenue (23,000 VPD) and Hwy 99 (80,000 VPD).
- Strong co-tenancy including Safeway, Rite Aid, and other national brands.
Property Details for 1030 Mangrove Ave
- Property type
- Retail properties
- Square Feet
- 2,300 SF
- Year Built
- 2024
- Buildings
- 1
- Lot Size (sq. ft)
- 30,928 SF
Location Insight
- City
- Chico
- County
- Butte
- State
- California
- Latitude
- 39.740368137247
- Longitude
- -121.83675911425
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 1030 Mangrove Ave Chico, CA.
- What is the asking price?
- The asking price for this property is $3,570,000.
- What are key features of this property?
- This property features: Investment-grade income from Starbucks (NASDAQ: SBUX) on a long-term NNN lease.; 10-year lease with 5-year, 10% rent increases.; New construction, prototypical Starbucks drive-thru.
- How can I contact the broker?
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