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2068 Dr Martin Luther King Jr Pky
Chico, CA 95928
Ulta Beauty · Retail Property For Sale
Investment Highlights
- Shadow anchored by high performing Costco location – only Costco in the entire region servicing over 280,000 people from 11 different cities
- 3 miles from Chico State University – 17,019 total student body
- The subject property is one of the first ULTA stores to open north of Auburn and is over 70 miles south of the nearest ULTA Beauty location
- No missed rent - store open
PROPERTY FACTS
Amenities
- Signage
About 2068 Dr Martin Luther King Jr Pky , Chico, CA 95928
Completed in 2016, a 10,055± square foot single story retail building with ample onsite parking. The ULTA property is located on a pad to Costco on the high traffic retail corridor of Dr. Martin Luther King Jr. Parkway just off Highway 99 (60,000 VPD) and a half mile from the main intersection of Highway 99 & Highway 32 (88,000 VPD). Highway 99 is the main north-south route for residents and visitors of Chico, providing them with direct access to Yuba City, Sacramento, Stockton, Fresno and Bakersfield. The subject location is located in the heart of the Chico’s main retail sector. National tenants located in the immediate area include: Walmart, Costco, Target, Home Depot, Lowe’s, Raley’s, Ross, Kohl’s, Dick’s, Best Buy, JCPenny, Men’s Warehouse, Michaels, Starbucks and In-N-Out to name a few.
PROPERTY TAXES
| Parcel Number | 005-560-035-000 | Improvements Assessment | $4,077,691 |
| Land Assessment | $2,451,390 | Total Assessment | $6,529,081 |
PROPERTY TAXES
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