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
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mon
23
Dec
Tue
24
Dec
Wed
25
Dec
$ 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 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 • Coldwell Banker C&C Properties • 530-828-0011
agent-avatar

+1(760) 452-9570

team@steveolsongroup.com

1420 Kettner Blvd. #100, San Diego, CA, 92101

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

422 Otterson DR