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2035 Forest Ave

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The subject property is an ±8,740 SF office building located on Forest Avenue just south of 20th Street in Chico, CA. Tenanted by Associated Pension Consultants (APC) HQ, the building sits in the heart of the main retail and commercial corridor in the city flanked by the major operators in Chico including Walmart, Target, Best Buy, Big Lots, Lowe’s, Winco, Old Navy, PetSmart. Also in the immediate area are the Chico Mall (Dick’s, JC Penney, Forever 21, Kohl’s), Butte Community College Chico Center, and Wittmeier Auto. Within one-half mile are Costco, World Market, Ulta, Home Depot, Raley’s, Ross, TJ Maxx and more.APC executed a seven-year, four month lease July 1, 2014 which was followed by an approximately $250,000 infill to remodel the interior of the premises. All information contained herein is from sources deemed reliable, we do not, however, guarantee its accuracy. Buyer to verify all information and conduct all investigations.
Directions: Located just south of the Forest Avenue and 20th Street intersection
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Address: 2035 Forest Ave Asking Price: $2,100,000
Unit #: Year Built: 1999
Cross Street: Total Bldg: 1
City: Chico Total Units: 0
State: California Floors:
Zip: 95928 Apx SqFt: 8,740
County: Butte Price/SqFt: $240.27
AP #: 002-370-070-000 Acres:
.68
Assessor
Property Type: Commercial Sale Land Use: Office
Sub Type: Office Office Class: B
Status: Active Entry Level:
Sale Type: Standard Additional Parcels: No
Zoning:
# Units Leased: 0
Building Name: Occupancy: Occupied
Building Status: Existing Investment Prop: Yes
Current Use: # of Tenants: 0
Builder's Name: Anchors/CoTenants:
Park Name: Signage:
Topography: Laundry Equipment:
Annual Expense Info Annual Operating Info
Expense Year: 0 Vacancy Allow $: $
Real Estate Tax: $ Vacancy Allow %: 0
Person Prop Tax: $ Gross Sch Rents: $
Electric: $ Laundry Income: $
Water/Sewer: $ Other Income: $
Trash: $ Annual OE: $
Building: $ Effective Gross: $
Legal/Accounting: $ NOI: $128,596
Advertising: $    
Insurance: $ General Financial Info
Prof. Mgmt: $ Accounting Type: ProForma
Maintenance: $ Cap Rate: 6.12
Resident Mgr: $ Financing Available:
Supplies: $ Tax Rate:
Other Expense: $ Property Tax: $
Total Expenses: $ Property Tax Year: 0
Reserves: $ Total Monthly Rent: $
Listing Date: 8/21/2017 Original Price: $2,175,000
Today's Date: 5/25/2018 Price Change: -$75,000
Days Listed: 276 Current Price: $2,100,000
Feel free to ask for more information, showings, or an objective opinion of value for any property.

I have decades of experience selling commercial real estate here in Chico and my team and I are ready to go to work for you. So bring your questions or showing requests when you're ready!

Susie Stephens
Owner, Broker, Realtor
Chico Real Estate, Inc.
1250 East Ave. Chico, Ca
530-898-1250
Contact us
Features
Utilities Water Electricity
- Public

 
Heating Cooling Security
Building Features Construction Materials Roofing
Lot Features Business Type Industrial Type
- Near Public Transit
Laundry Fencing Terms
- None
Square Footage Parking
Office SqFt # of Parking Spaces 0
Retail SqFt # of Carport Spaces 0
Industrial SqFt # of Uncovered Spaces: 0
Largest Contigious SqFt Total Parking Spaces 0
High Tech Flex SqFt Parking Ratio
Price Includes Price Excludes Clearance
Listing Updates
Update Old Value New Value Price Change Date Time
List Date 8/21/2017
Entered in MLS 8/22/2017
5 new photos 0 5 8/22/2017 10:03 AM
Price $2,175,000 $2,100,000 -$75,000 10/19/2017 10:09 AM
Status Active Expired 11/16/2017 6:01 AM
Status Expired Active 1/9/2018 12:01 PM
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Information provided to the MLS courtesy of Harris, Brandon (Bre#: 01318261) of Harris Commercial Real Estate.

Please verify all information before relying on it. There may be a difference between actual and provided information. Based on information from California Regional Multiple Listing Service, Inc. as of January 09, 2018.
This listing at 2035 Forest Ave, Chico, California 95928, was last changed by the listing agent and consequently updated here on: January 10, 2018. All commercial real estate and MLS data were last updated here on chicorealestate.net on: May 25, 2018 1:21 PM.