2485 Notre Dame Blvd, Chico, CA 95928

CUSHMAN & WAKEFIELD, as exclusive agent, is excited to present to the investment community the opportunity to acquire Skypark Plaza, a 93% leased, 186,972 SF value-add neighborhood shopping center (the “Property”) located in Chico, CA. Developed in 1985 and renovated in 2014, Skypark Plaza is a standout performer enjoying a superior retail location in this Northern California regional commercial hub.

An acquisition of Skypark Plaza will provide an investor with a compelling value-add opportunity. Already enjoying an established income stream from its high-quality tenancy, the Property offers highly desirable available suites that, when leased, will substantially boost the Skypark’s net operating income and value. The Property is anchored by three synergistic retailers, which, in addition to a very-high-volume Raley’s includes Ross, Dollar Tree and Sierra, a TJX brand. It boasts individual pad buildings on five separate parcels, offering Oil Changers, O’Reilly Auto Parts, Arby’s,

Burrito Bandito, Country Waffles, and Mattress Firm to its broad customer base. In addition, the Property features an impressive lineup of in-line tenants enjoying the location’s daily needs and regional destination traffic. These tenants represent a broad spectrum of food and services such as UPS, Tri-Counties Bank, Papa Murphy’s, and Great Clips.

Already being offered at an attractive risk-adjusted return producing positive cash flow from its established successful tenancy, Skypark Plaza promises an investor exciting upside through the potential development of two attractive pad, and per parcel dispositions of it six pad tenants.

Please be advised that any potential investor that contacts any of the property's tenants prior to the execution of a PSA will be eliminated from consideration for this opportunity.