-615 Mangrove Avenue
Chico, カリフォルニア 95926, アメリカ合衆国

MLS登録番号: 371434616

$3,699,000 USD

分譲可能なスペース(下限)
1,814m² (19,531ft²)
詳細

物件の特徴

更新日: 2024/06/27

建物の詳細

建築年
2007

広さ

物件の広さ
1,814m² (19,531ft²)
土地/分譲地の面積
7,365m² (79,279.2ft²)

物件の概要

The Shops at Mangrove are located in the heart of Chico at the gateway to downtown and California State University, Chico. This is one of the city's most attractive retail centers directly across from Chipotle, Rite Aid and the Safeway anchored Park Plaza Shopping Center. This is a daily needs drive by location at the corner of Mangrove & Vallombrosa, with a combined traffic count of more than 35,000+ vehicles per day. Within walking distance to Chico Junior High, Chico State and Chico High School. The center is 90% leased out. The center consists of three separate buildings on two parcels. Two of the buildings at 605 Mangrove (Parcel 003-210-018) are a leasehold interest with a long term ground lease. The third building at 615 Mangrove (Parcel 003-210-019) is on a fee parcel. The ground lease has approximately 42 years of control remaining including options. The NOI has been calculated net of the annual ground lease payments. The ground lease provides for a 12% increase every five years. The leasehold interest vs fee ownership allows an investor to own a newer quality center at a higher than average cap rate compared to comparable quality assets in California.

場所

-615 Mangrove Avenue, Chico, カリフォルニア 95926, アメリカ合衆国
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提供: Michael Donnelly Coldwell Banker C&C Properties

物件に関するお問い合わせ: 530-828-0011