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250 Cohasset Road

Chico, CA 95926
  • $2,475,000
  • STATUS: Active
  • ON SITE: 186 Days
  • ID#: SN23098661
UPDATED: 21 min ago
$2,475,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1996
County:

School Ratings & Info

Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)


Description

Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-09T12:29:12.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
www.thecharlieprice.com/homes/140242075
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250 Cohasset Road Chico, CA 95926

  • Price: $2,475,000
  • Status: Active
  • On Site: 186 Days
  • Updated: 21 min ago
  • ID#: SN23098661
0
Beds
0
Baths
0
½ Baths
0.85
Acres
1996
Built
County:
Butte
Property Description
Located in the heart of the Cohasset Medical District and fronting onto Cohasset Road, this multi-tenant building has a great mix of restaurant/taphouse, medical and office users. Flanked by some of the largest medical operators in the region including Enloe Medical Center, this four-tenant building has a very solid rental history, with the US Department of Veterans Affairs occupying since 2012 and all tenants having multi-year terms remaining. Contributing to the low historical vacancy rate, 250 Cohasset Road has a large parking area, great street frontage, solid co-tenancy within the Cohasset Village Complex (including Chico Sports Club, Reeve Woods Eye Center, Paradise Medical Group, Valley Clinical Labs and many others), and ease of access from Highway 99, Mangrove Avenue and Esplanade. Other adjacent users include Enloe Regional Cancer Center, Ampla Health, Chico Pediatrics, Vitalant, Enloe Prompt Care, Northstate Cardiology and many others.
Exterior Features

Construction Materials Stucco Entry Level 1 Lot Features Near Public Transit

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 6.37 Common Interest Planned Development Gross Scheduled Income 197000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 163915 Number Of Units Leased 4 Operating Expense 48986 Property Sub Type Office Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-09T12:29:12.74. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or EQTY | Forbes Global Properties. Licensed in the State of California, USA.
 
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EQTY | Forbes Global Properties
1100 Newport Center Drive, Suite 110
Newport Beach CA, 92660
Listing Agent(s): Brandon Harris of Harris Commercial Real Estate (530-419-1600)