110 Independence , Chico, CA 95973
Fully remodeled and 100% leased. Great location in the established Philadel...
$995,000
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.
Additional Information

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Year Built:1992
Size:7436 Sq. Ft.
Price:$133.81 per Sq. Ft.
MLS ID:SN26075929
Listing Type:Commercial Sale
Property Type:Office