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500 East , Chico, CA 95926
Priced at Only: $1,625,000
For more Information Call Mobile: 714.478.6676
Address: 500 East , Chico, CA 95926
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  • MLS#: SN25241813 ( Office )
  • Street Address: 500 East
  • Viewed: 2
  • Price: $1,625,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: BUTTE
  • City: Chico
  • Zipcode: 95926
  • Provided by: Harris Commercial Real Estate
  • Contact: Brandon Brandon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    One of the most prominent office buildings in Chico, CA, 500 W. East Avenue, is now available for sale, newly leased to a long term tenant. The well known stately building features a sweeping two story glass exterior and a recently remodeled interior. It is located on one of Chicos main thoroughfares with excellent access to both Highways 99 and 32, in an area dominated by medical and professional office users as well as new multi family development. Rush Personnel Services, with three locations in Northern CA, has signed a 7 year NNN lease commencing November 1, 2025 following a more than 20 year tenancy at their previous HQ, providing stable income for investors seeking a quality, leased asset in a strong market. The building contains approximately 4,150 square feet of two story office space, including a waiting and reception area, multiple standard and executive offices, a conference room, break room, open workspace, storage, copy room, and back office areas. Also included is an approximately 3,000 square foot attached conditioned warehouse space with roll up door, dedicated AC units, gas heater, office space, storage rooms, and mezzanine space. Additional features include a second floor patio off the conference room, a private garage with automatic door, and an 88 panel fully owned roof mounted solar system. With 28 parking spaces and excellent ongoing maintenance, this property is an ideal investment opportunity with a dependable tenant in place.
Features
Accountingtype
  1. ProForma
Assetclass
  1. Office
Building Area Total
  1. 7726.00
Commoninterest
  1. Planned Development
Country
  1. US
Current Use
  1. Commercial
Heating
  1. Central
Land Use
  1. Office
Laundry Features
  1. None
Netoperatingincome
  1. 102000.00
Parcel Number
  1. 042450089000
Property Type
  1. Office
Water Source
  1. Public
Year Built
  1. 1989
Year Built Source
  1. Assessor
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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