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100% NNN Leased | Dense Retail Area 2500 Zanella Way 8,160 SF 100% Leased Retail Building Chico, CA 95928 $2,425,000 ($297.18/SF) 7.15% Cap Rate



Investment Highlights
- 100% NNN LEASED
- HUGE TRAFFIC COUNTS
- STREETFRONT VISIBILITY
- MAJOR RETAIL AREA
- LARGE PYLON AND FACADE SIGNAGE
- NEWLY UPDATED EXTERIOR
Executive Summary
Harris Commercial is pleased to present Skyway Marketplace, a 100% NNN leased premier four-tenant retail center in Chico, CA. Recently transformed through an extensive 2023–2024 remodel, this modernized property offers updated amenities and exceptional curb appeal. Ideally positioned near the high-traffic intersection of Skyway and Notre Dame Blvd — and directly across from the bustling 160,000 SF Skypark Plaza — Skyway Marketplace enjoys unbeatable visibility and exposure to over 25,000 vehicles per day. Anchored by regional apparel and footwear retailer BareBones WorkWear and long-term tenant Batteries + Bulbs (with over 20 years at the location and a renewed 5-year lease), the center features a strong, stable tenant mix that delivers reliable income. The property offers ample on-site parking (4.9 spaces per 1,000 SF), convenient rear access, and prominent pole and façade signage along over 300 feet of frontage on The Skyway, less than a quarter mile from Highway 99. Surrounded by major national retailers such as Raley’s, Ross, Starbucks, Home Depot, Lowe’s, Walmart, and more, Skyway Marketplace is a prime investment opportunity in one of Chico’s most active retail corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,160 SF
Building Class
B
Year Built/Renovated
1985/2024
Price
$2,425,000
Price Per SF
$297.18
Cap Rate
7.15%
NOI
$173,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Zoning
CS - Commercial Services allows for a multitude of retail and services uses.
Parking
40 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
350’ on Skyway
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Fiber Optic Internet
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- BareBones WorkWear
- Retailer
- 4,320 SF
- -
- Triple Net
- Mar 2029
Batteries Plus started in 1988 when Ron Rezetko opened the first store in Green Bay, Wisconsin. The company began franchising in 1992, expanding its national presence. Batteries Plus offers batteries for consumer electronics, automotive, and specialty uses. The business added light bulbs to its product line in 2010 and began smartphone and tablet repairs in 2014. Services now include key fob programming and automotive key cutting. Batteries Plus has grown to over 700 locations across the United States.
- The Barber District
- Services
- 960 SF
- -
- Triple Net
- Oct 2028
- Xinlongda Spa
- Services
- 960 SF
- -
- Triple Net
- Jan 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| BareBones WorkWear | Retailer | 4,320 SF | - | Triple Net | Mar 2029 | |
|
Retailer | 1,920 SF | - | Triple Net | Mar 2029 | |
| The Barber District | Services | 960 SF | - | Triple Net | Oct 2028 | |
| Xinlongda Spa | Services | 960 SF | - | Triple Net | Jan 2030 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 002-200-038-000 | Improvements Assessment | $801,108 |
| Land Assessment | $603,432 | Total Assessment | $1,404,540 |
Property Taxes
Parcel Number
002-200-038-000
Land Assessment
$603,432
Improvements Assessment
$801,108
Total Assessment
$1,404,540
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100% NNN Leased | Dense Retail Area | 2500 Zanella Way
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