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422 Otterson Drive, Chico, CA 95928
Priced at Only: $3,990,000
For more Information Call Mobile: 714.478.6676
Address: 422 Otterson Drive, Chico, CA 95928
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  • MLS#: SN24182139 ( Industrial )
  • Street Address: 422 Otterson Drive
  • Viewed: 5
  • Price: $3,990,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1991
  • Bldg sqft: 0
  • Days On Market: 114
  • Additional Information
  • County: BUTTE
  • City: Chico
  • Zipcode: 95928
  • Provided by: Coldwell Banker C&C Properties
  • Contact: Michael Michael
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Solid industrial Net Income investment Property (NNN) fully leased. Modern 37,200 sq. ft. concrete tilt up building in desirable Hegan Lane Industrial Park. Leased by a long time respected national tenant offering an investor an attractive Net Income Return/CAP Rate. Tenant pays all Operating Expenses except insurance. Fully served by solar power for added value, and a newer roof (approximately 10 years old). The building has four Dock High and two grade level roll up doors on the north side (10 feet high) and two grade level doors on the south side (14 feet high) for a total of eight roll up doors. Ceiling height is 23 feet high. Two story modular conditioned offices in the front including break rooms and conference room and conditioned offices in the far back of the warehouse. The tenant is a major national door machinery manufacturing company headquartered in Ohio with facilities in California and North Carolina.
Features
Building Area Total
  1. 37200.00
Commoninterest
  1. None
Country
  1. US
Laundry Features
  1. None
Parcel Number
  1. 039620009000
Postalcodeplus4
  1. 8206
Property Type
  1. Industrial
Water Source
  1. Public
Year Built
  1. 1991
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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