CA > Chico
Chico, CA 95928,422 Otterson DR
Chico, CA 95928,422 Otterson DR
Chico, CA 95928,422 Otterson DR
Chico, CA 95928,422 Otterson DR
Chico, CA 95928,422 Otterson DR
Chico, CA 95928,422 Otterson DR
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Gatehouse Properties

Gatehouse Properties

+1(714) 743-9882
$ 3,990,000
Est. payment | /mo

2.17 Acres Lot

Save
$ 3,990,000
Est. payment | /mo
Save

2.17 Acres Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN24182139

HOA Y/N No

Year Built 1991

Lot Size 2.170 Acres

Property Sub-Type Industrial

Property 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.

Location

State CA

County Butte

Interior

Fireplace No

Laundry None

Building

Lot Description Level

Story 1

Water Public

Others

Tax ID 039620009000

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Michael Donnelly • Michael william Donnelly, Brok • 530-828-0011
agent-avatar

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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422 Otterson DR

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