For Sale
$3,570,000

1030 Mangrove AveChico, CA 95926

Added:
Dec 11, 2024
Days on market:
116

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
1030 Mangrove Ave, Chico, California

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1030 Mangrove Ave
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