2470 Forest Ave | Chico, CA 95928
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- LoopNet Team
2470 Forest Ave
Chico, CA 95928
Surf Thru Car Wash | 20-Year Abs. NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute Triple-Net (NNN) Lease with 10% Rental Increases Every 5 Years
- 92,377 Residents within a 5-Mile Radius - Dense Chico Infill
- Property Qualifies for 100% Bonus Depreciation or 15-Year Accelerated Depreciation per IRS 1250 Property Designation
- Corporate Guaranty by Surf Thru Express Car Wash, with 34 Locations and Counting Throughout Arizona, California, Nevada, Oregon, Texas, and Washington
- Rapidly Growing Trade Area with Households Projected to Increase More Than 10% in the Immediate Area by 2027
- Average Household Income Exceeds $102,000 within a 1-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,861 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.06 AC
Zoning
CR
PROPERTY TAXES
| Parcel Number | 002-190-046-000 | Improvements Assessment | $2,114,296 |
| Land Assessment | $826,333 | Total Assessment | $2,940,629 |
PROPERTY TAXES
Parcel Number
002-190-046-000
Land Assessment
$826,333
Improvements Assessment
$2,114,296
Total Assessment
$2,940,629
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