2490 Fair St
Chico, CA 95928
Restaurant - High Profile Corner Lease · Property For Lease

Restaurant For Lease or Ground Rent Redevelopment Opportunity. Under utilized hard corner location ready for a complete transformation. Ideal for a new pad location, ground lease, sale, or straight lease. Currently being used as a sit down fine dining Mexican Restaurant. Perfect for QSR, coffee shop roaster, brew pub, bike shop, market, cafe, and many, many other uses. May be split into two units. (SEE ONE CONCEPTUAL LAYOUT ATTACHED INCLUDING BEER GARDEN). Ideally situated at a cross roads location in the heart of Chico's south commercial working district. CHECK OUT THE VOID ANALYSIS AND MOBILE DATA IN ATTACHED DOCUMENTS - Data shows this location is primed for Equipment Supply, Tire Automotive, Gas Station, Car Wash, Coffee Shop, Dining, Beer and Spirits and many other uses. This offering will redefine revitalization in the area, as Chico's Park Avenue corridor and "The Wedge" are redeveloped. The property includes a green area that is adjacent to Chico's premier bike path on the "Durham Loop" route, making it an ideal location for cool, outdoor dining and other activities. Hungry daytime workforce of nearly 10,000 workers within a one mile radius. More than 18,000 vehicles per day AADT. Starting lease rate at a bargain $6,500 per month. Building may be split into two units allowing for smaller, more efficient restaurant operations and more profit for Tenant.