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220 W East AVE Chico, CA 95926
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Key Details
Sold Price $10,550,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24037685
Sold Date 06/11/24
HOA Y/N No
Year Built 1990
Lot Size 8.710 Acres
Property Sub-Type Retail
Property Description
One of the most reliable, strongest performing shopping centers in Northern California. This Town and Country Center is a proven daily needs retail asset with good, solid dependable cash flow and return on investment. Year after year, the Towne & Country Shopping Center has been nearly 100% leased, with steady, growing rents and excellent cash flow. It's time for the next generation investors to enjoy this perfect tenant mix and great NOI. Front Pad Site up front along the busy Esplanade offers possible upside opportunity. Buyer to verify. Massive 120,000 sq. ft. Enloe Hospital Project proposed immediately next door. Save Mart, Auto Zone, and Former Boot Barn on the corner at 2539 Esplanade are NOT a part. This sale will include the following parcels: 006-530-031, 006-530-033, 006-530-038, 006-530-034, 006-530-035, 006-530-036, 006-530-037, 006-530-015.
Location
State CA
County Butte
Interior
Fireplace No
Laundry None
Building
Lot Description Street Level
Story 1
Water Public
Others
Tax ID 006530034000
Financing Conventional
Special Listing Condition Standard
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Bought with rACE Merritt Ethan Conrad Properties
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