Single-Tenant NNN Medical
For Sale
$9,750,000
121 Raley Boulevard, Chico, CA 95928
Purpose-built medical facility with an absolute NNN lease and annual contractual increases.
Property Size12,522 SF
Price / SF$778.63
Days on Market351
Property Features for 121 Raley Boulevard
General Information
Standard status
Active
Size
12,522 SF
Property subtype
Office
Amenities
Central Air, A/C - Zone
3
Commercial
Public.
Building Details
Year Built
2004
Tenancy
Single
Listing Agency:
2183088
Listed By:
Coldwell Banker Associated Brokers
2183088
Source:
Xome
Added: Sep 14, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Associated Brokers
Investment Insights
Based on property information with market context.
This single-tenant medical property contains a purpose-built surgery center spanning approximately 12,522 SF. The facility was constructed in 2004 and includes central air conditioning with zone control. Its absolute NNN lease structure places the property within the NNN category and provides a defined framework for landlord responsibilities.
The property is located at 121 Raley Boulevard in Chico, California. The same medical tenant has occupied the facility for approximately 20 years, providing a lengthy operating history at the site. Lease economics include annual increases of 3.25%, establishing scheduled contractual growth over the lease term.
The property is located at 121 Raley Boulevard in Chico, California. The same medical tenant has occupied the facility for approximately 20 years, providing a lengthy operating history at the site. Lease economics include annual increases of 3.25%, establishing scheduled contractual growth over the lease term.
Key Highlights
- Purpose‑built 12,522 SF (approx.) surgery center
- Absolute NNN lease structure
- Single‑tenant medical facility
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 95928, CA
38,378
Population
17,455
Households
2.2
Avg Household Size
35
Median Age
41%
College-Educated
90%
High-School Grad
145.4 sq mi
ZIP Area
264
Density / Sq Mi
$65,350
Median Household Income
$32,615
Median Earnings
$1,419
Median Rent
$476,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Purpose-built medical facility with an absolute NNN lease and annual contractual increases.
Where is this nnn property located?
The property is located at 121 Raley Boulevard Chico, CA.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: Purpose‑built 12,522 SF (approx.) surgery center; Absolute NNN lease structure; Single‑tenant medical facility
