135 W 8th Chico, CA 95926
7,500 SF metal building with long-term tenants in Chico.
- Added:
- May 20, 2026
- Days on Market:
- 53
- Last Refresh:
- Jul 2 at 1:57 pm
Property Features for 135 W 8th
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1985
Listing office Keller Williams Realty Chico Area (530) 809-3482
Listing date May 20, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Fully leased 7,500 SF metal building provides immediate income.
- Long‑term tenant (Guido’s Auto Precision) in place since 1985.
- Excellent investment or 1031 exchange opportunity.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $14.76 |
| − Vacancy | −$4.9k | −$0.65 |
| EGI | $105.8k | $14.11 |
| − OpEx | −$26.5k | −$3.53 |
| NOI | $79.4k | $10.58 |
