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    938 Mangrove Ave Chico, CA 95926

    For Lease
    $3,995 /Mo ($9 SF/Yr)

    Commercial Lease - Chico, CA

    Property size:
    4,888 SF
    Days on Market:
    92
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 938 Mangrove Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    003280014000
    Size
    4,888 SF

    Building Details

    Year built
    1961
    Architectural style
    Other

    Platinum Partners Team (530) 228-2550 [email protected]

    Listing agent Elisa Logan (530) 228-2550 License #02022183

    Listing date Sep 14, 2025

    MLS# SN25216873 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chico Retail Lease Takeover Opportunity

    This retail lease takeover opportunity is located in Chico’s established Mangrove Plaza. The space offers nearly 5,000 square feet at an affordable retail rate. It features an open showroom floor, excellent lighting, updated flooring, a back office, a bathroom, a utility sink room, and rear door access. The property is suitable for various businesses, including retail and fitness, that benefit from a large open-concept design. It is equipped with liquor store–level security, including professionally installed window security gates and a comprehensive camera surveillance system with a large-screen monitoring display. The lease runs through February 28, 2027, with a 5-year extension option. The property is located next to businesses such as U.S. Food Store, True Value, Round Table Pizza, Holiday Pools & Spas, La Comida, Hubs & Co., Labels, and Unwined. The property is located in Chico, CA 95926.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chico C‎‎o‎‎n‎‎‎‎‎‎c‎‎‎‎r‎‎e‎‎t‎‎‎‎‎‎e Co Contractor Blue Oval Liquor ... Convenience Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.835437
    Latitude
    39.739752

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    FAQs

    What type of property is this?
    Retail space - Prime retail space in Mangrove Plaza, ready for various businesses.
    Where is this retail space located?
    The property is located at 938 Mangrove Ave Chico, CA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Unbeatable retail rate for nearly 5,000 sq ft in Mangrove Plaza.; - Lease takeover opportunity through February 28, 2027, with a 5-year extension option.; - Liquor store-level security: **window security gates and comprehensive camera surveillance system.**
    (530) 228-2550
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    938 Mangrove Ave Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    938 Mangrove Ave Chico, CA 95926
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