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2155-2157 Pillsbury Road 2 Retail Properties in Chico, CA
Investment Highlights
- Former K-Mart and grocery store totaling ±115,904 SF across two parcels of ±10.979 acres.
- Surrounded by major retailers including Trader Joe’s, Sportsman’s Warehouse, and Cinemark Theaters.
- 2.5 miles from Chico State University with an enrollment of approximately 15,000 students.
- Located at the intersection of Highway 99 and Cohasset Road, within a vibrant retail trade area.
- Excellent visibility and easy ingress/egress from surrounding arterials.
- Regional draw with significant redevelopment potential.
Executive Summary
OFFERS DUE BY JUNE 15th
2155–2157 Pillsbury Road presents a rare investment and redevelopment opportunity in a high-traffic retail corridor in Chico, California. The property consists of two former anchor spaces totaling approximately 115,904 square feet, situated on a combined ±10.979 acres. Located just off State Highway 99 and within 2.5 miles of Chico State University, this site benefits from strong regional access and significant visibility, making it suitable for redevelopment or re-tenanting.
The surrounding North Valley Plaza retail hub features a robust mix of national brands such as Trader Joe’s, Sportsman’s Warehouse, Cinemark Theaters, Dollar Tree, Grocery Outlet, and more. The site’s proximity to main arterials like Cohasset Road and East Avenue creates ease of access and a strategic position for future retail, entertainment, or mixed-use concepts.
Chico’s growing population, anticipated to exceed 91,000 residents within three miles, provides strong demand fundamentals. In addition, an average household income of $92,623 and a daytime population of nearly 90,000 strengthen the property’s positioning as an attractive acquisition opportunity with long-term upside potential.
2155–2157 Pillsbury Road presents a rare investment and redevelopment opportunity in a high-traffic retail corridor in Chico, California. The property consists of two former anchor spaces totaling approximately 115,904 square feet, situated on a combined ±10.979 acres. Located just off State Highway 99 and within 2.5 miles of Chico State University, this site benefits from strong regional access and significant visibility, making it suitable for redevelopment or re-tenanting.
The surrounding North Valley Plaza retail hub features a robust mix of national brands such as Trader Joe’s, Sportsman’s Warehouse, Cinemark Theaters, Dollar Tree, Grocery Outlet, and more. The site’s proximity to main arterials like Cohasset Road and East Avenue creates ease of access and a strategic position for future retail, entertainment, or mixed-use concepts.
Chico’s growing population, anticipated to exceed 91,000 residents within three miles, provides strong demand fundamentals. In addition, an average household income of $92,623 and a daytime population of nearly 90,000 strengthen the property’s positioning as an attractive acquisition opportunity with long-term upside potential.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 116,009 SF |
| Number of Properties | 2 | Total Land Area | 13.89 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 116,009 SF |
| Total Land Area | 13.89 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Chico Plaza
2155 Pillsbury Rd, Chico, CA 95926 |
Retail | 84,105 SF | 1974 | - |
| 2157 Pillsbury Rd, Chico, CA 95926 | Retail | 31,904 SF | 1974 | - |
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2155-2157 Pillsbury Road
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