2580 Sierra Sunrise Chico, CA 95928

$975,000 Active

About the Property

Exceptional Class A office space with views of California Park Lake. Umpqua Bank is the current Tenant, and is paying $5,679/Month + $1,258 NNN ($0.38/SF). POA system in place, so Owner simply collects Tenant's electronic funds monthly. CAP Rate = 6.65% with 5% vacancy factored in for new investor. Layout offers waiting and reception, conference room, break room, 10 offices, large bull pen (500 SF - 600 SF) copy room, supply and utility closet. Space is ready to go, and needs no improvements.

Property Information

Size 3,325 SqFt
Price/SqFt $293
Unit Number 130
Property Type Office
Listing Number SN19025033
Listed 2/1/2019
Modified 2/7/2019
Listing Agent Charles Carney
Listing Office Harris Commercial Real Estate

Property Features

Office SqFt
  • 3325
Water Source
  • Public