2345 Forest Ave | Chico, CA 95928
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- LoopNet Team
2345 Forest Ave
Chico, CA 95928
DaVita · Office Property For Sale
Investment Highlights
- Brand new lease extension for five years starting 8/15/21
- Strong medical retail location with numerous national credit tenants surrounding the subject property. Above average dialysis station count of 18
- Annual increases, which is a good hedge against inflation
- Tenant has been at this location since 2003
- Located just off of Highway 99 and only DaVita in the southern portion of Chico, CA
- Current rent is deemed Fair Market Value by the tenant
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
7,200 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,200 SF
Building FAR
0.16
Land Acres
1.02 AC
Zoning
00
Parking
36 Spaces (5 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 002-230-021-000 | Improvements Assessment | $3,223,741 |
| Land Assessment | $1,217,858 | Total Assessment | $4,441,598 |
PROPERTY TAXES
Parcel Number
002-230-021-000
Land Assessment
$1,217,858
Improvements Assessment
$3,223,741
Total Assessment
$4,441,598
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