220 W East Avenue Chico, CA 95926

$10,550,000 Closed

About the Property

Please Note: This property has been SOLD

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.

Property Information

Size 84,550 SqFt
Price/SqFt $125
Year Built 1990
Property Type Retail
Listing Number SN24037685
Listed 2/23/2024
Modified 6/14/2024
Listing Agent Michael Donnelly
Listing Office Coldwell Banker C&C Properties

Property Features

Stories Total
  • 1
Water Source
  • Public