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31818992
31818991

110 Independence Circle, Chico, CA 95973 For Sale

CC
CA CA 02002193
Harris Commercial
Listed by Harris Commercial
$995,000
88 days on market
Updated 20 days ago

110 Independence

Details
APN 006210082000
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 7,436
Occupancy 100%
Price per SqFt $134
Year Built 1992
Lot Size (SqFt) 23,522

Office | 7,436 SqFt

Marketing description

Fully remodeled and 100% leased. Great location in the established Philadelphia Square professional complex. Two strong and established businesses - GCI Insurance Brokers and Butte Home Health with new 3 and 5 year leases in place. Recent improvements include all new flooring, interior and exterior paint and updated lighting throughout. Ideally situated with direct Highway 99 access and ample on-site parking. Below market rents provide significant upside potential. Current gross income of $84,240/year with annual increases, providing a strong cap rate for a new investor.

Investment highlights

  • 0-1 Unit/Acre

Listing Contacts

CC
CA CA 02002193
Harris Commercial
Listed by Harris Commercial

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Additional Information

Name
Calen Chapman
License
CA 02002193
Brokerage
Harris Commercial Real Estate
Brokerage Phone
5305143034
Title
Vice President
Brokerage Address
647 Flume Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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