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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

PROPERTY TAXES

Parcel Number
002-230-021-000
Land Assessment
$867,000
Improvements Assessment
$2,295,000
Total Assessment
$3,162,000
  • Listing ID: 23574005

  • Date on Market: 7/2/2021

  • Last Updated:

  • Address: 2345 Forest Ave, Chico, CA 95928

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