FOR SALE - FOR LEASE. Currently leased until 12/31/20 at $54,000+ per month plus net charges (NNN). Lease to be extended to Dec. 31, 2020. GREAT NET INCOME! See Operating Statements below. One of the largest commercial portfolio properties to come on the market in quite some time. Automotive Dealership property on three parcels totaling five acres close to the prime intersection of East & Cohasset. Zoned Regional Commercial allowing for a wide range of retail and commercial uses and even mixed use residential. Currently leased to Courtesy Motors scheduled to vacate by December 31, 2020. Neighbors included Wells Fargo, Walgreens, Good Earth Market, Burger King, Davita Health, Starbucks, Mod Pizza, Cinamark, Trader Joes, CVS and the entire North Valley Plaza Mall.
Total Square Feet – 42,773 sq. ft. (According to Assessor Records)
South Building – 27,692 sq. ft. – 1.94 Acres 015-230-033 - $3,800,000
North Building – 15,081 sq. ft. 1.13 Acres 015-230-032 - $2,500,000
Vacant Lot – 2 Acres 015-230-034 - $1,000,000
Frontage – 479 Feet
Mike Donnelly - 530-828-0011
2520 Cohasset Rd., Chico CA 95973