Chico Crossroads

Chico Crossroads

2005-2101 Dr. Martin Luther King Jr Pkwy, Chico, CA 95928

Chico Crossroads


• National and credit tenancy
• Impressive occupancy history, 98% leased
• Strong barriers to entry
• Institutional quality and management
• Impressive tenant sales and attractive tenant health ratios
• Sole Chico location for every tenant
• Limited grocery competition in direct trade area
• Key component of Chico’s super-regional retail hub
• Direct access and visibility from Highway 99
• Offered free-and-clear of in-place financing

Offering Price: $29,070,000
Projected Year-1 NOI: $2,397,974
Cap Rate: 8.25%
Proj. Cumulative Annual Growth Rate (CAGR): 3.49%
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Property Summary

GLA (SF)267,390 SF
AnchorFoodMaxx, Bed Bath & Beyond, Michaels, Petco, Barnes & Noble

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