1370 E Lassen Ave | Chico, CA 95973
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1370 E Lassen Ave
Chico, CA 95973
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 100% leased to three strong tenants: Social Security, Five Star Bank and the State of California
- Social Security, State of CA and financial institution offices are seldom relocated
- Most of the mechanical system is less than two years old
- All tenant build-outs would be challenging, time-consuming and costly to duplicate elsewhere
- Steel-frame construction
- Single-digit historical office vacancy and no current construction
PROPERTY FACTS
Property Type
Office
Building Size
18,402 SF
Building Class
B
Year Built
1984
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
18,402 SF
Building FAR
0.14
Lot Size
3.00 AC
Zoning
OR - Office Residential
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,011,365 | |
| Land Assessment | $2,780,364 | Total Assessment | $6,791,729 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,780,364
Improvements Assessment
$4,011,365
Total Assessment
$6,791,729
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