2030 Business Ln - Restaurant FOR SALE
Chico, CA 95928 |
$4,757,000 USD
925-286-5049
2030 Business Ln
Chico, CA 95928
HIGHLIGHTS
- This established Applebee’s location is undergoing a strategic transformation into an Applebee’s + IHOP dual-brand prototype
- Chico, CA, is home to California State University, Chico, and Butte College, with a combined enrollment exceeding 24,000 students
- Situated on a large 1.2-acre parcel immediately off Highway 99, this property benefits from exceptional accessibility and exposure
- Surrounded by a strong lineup of national retailers, including In-N-Out, Raising Cane’s, Walmart, Target, Hobby Lobby, and Chico Marketplace
FOR SALE DETAILS
PRICE
$4,757,000 USD
PRICE/SF
$811 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Applebee's & IHOP Dual Branded Restaurant
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,272 SF
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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925-286-5049
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Please correct the highlighted field(s).
925-286-5049
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
