2540 Esplanade - Storefront FOR SALE


Chico, CA 95973
$6,000,000 USD
530-828-0011
2540 Esplanade, Chico, CA for Sale
$6,000,000 USD
Storefront - FOR SALE
1/19
null | Request Cap Rate

2540 Esplanade
Chico, CA 95973


HIGHLIGHTS

  • Power Corner - Huge Traffic Counts
  • Leased Gas Station - Jack in the Box Drive Thru
  • Mixed Use - Retail and Office
  • Zoned CC - Community Commercial

OVERVIEW

Entire power corner commercial retail center including a Gas Station and National Credit Tenant Quick Serve Restaurant is now available For Sale. Absolutely huge traffic counts and huge opportunity to grow Net Return on Investment. This offering includes a total of 27,298 sq. ft. of retail and office space on 2.79 acres on three parcels. The front and center corner parcel is leased to an Arco AM/PM Gas and Convenience Store operator. Next door is a Jack in the Box Restaurant with Drive Thru. Other tenants included the new Blue Bird Liquor & Market, Heroes Corner Games & Merchandise, Esplanade Express Laundry, Massage and Media Model Agency. Currently about 30% vacant, the center features a prime 4,988 sq. ft. store front unit ready for great new tenants. The offering includes a back parcel for additional parking and rental income.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Center Gas Station QSR Drive Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.96 AC

LAND SF

85,378 SF

ZONING

Community Commercial

APN/PARCEL ID

006-060-060-000

ASK ABOUT THIS PROPERTY

Michael DonnellyCBCNorcalMore Info
530-828-0011

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Michael DonnellyCBCNorcalMore Info
530-828-0011

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.