Park Village Shopping
For Sale
Contact for pricing
Pending
1414-1444 Park Ave, Chico, CA 95928
Retail center with NNN leases, recent improvements, and available space near Chico State.
Property SizeContact for details
Lot Size0.81 Acres
Days on Market42
Property Features for 1414-1444 Park Ave
General Information
Standard status
Pending
Lot size
0.81 Acres
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Sridhar Equities
Listed By:
Brian Thorn · License #CA 01937751
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 29 at 11:37PM
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 Sridhar Equities
Investment Insights
Based on property information with market context.
Park Village Retail Center comprises a multi-tenant shopping center on a .81 AC parcel at 1414-1444 Park Ave. The property has received substantial property and tenant improvements, while recent vacancies provide currently available space. Existing tenants occupy standard AIR net lease forms, with all current leases structured as NNN.
The center is positioned on Park Avenue, described as a major thoroughfare extending south from Chico toward area highways. Chico State is approximately 1 mile north of the property, and more than 100,000 people live within a five-mile radius. The university reports total enrollment of over 17,000 students.
The property’s stated investment metrics include an 8%+ current cap rate and a 10% pro-forma cap rate. The combination of existing NNN tenancy, recent improvements, and vacant space creates a multi-tenant retail asset with an identified lease-up component.
The center is positioned on Park Avenue, described as a major thoroughfare extending south from Chico toward area highways. Chico State is approximately 1 mile north of the property, and more than 100,000 people live within a five-mile radius. The university reports total enrollment of over 17,000 students.
The property’s stated investment metrics include an 8%+ current cap rate and a 10% pro-forma cap rate. The combination of existing NNN tenancy, recent improvements, and vacant space creates a multi-tenant retail asset with an identified lease-up component.
Key Highlights
- .81 AC parcel at 1414‑1444 Park Ave
- All current tenants occupy NNN leases on the standard AIR net lease form
- Approximately 1 mile south of Chico State campus
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,282
Businesses Nearby
Under-served
Demand for This Use
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 Retail in West region
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Similar Off Market Nearby
- Fur — 255 E 20th St, Chico, CA 95928, United States
- Park Village Shopping Center — Chico, CA 95928
- Garden Walk — 225 Main St, Chico, CA 95928
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with NNN leases, recent improvements, and available space near Chico State.
Where is this shopping center located?
The property is located at 1414-1444 Park Ave Chico, CA.
What are key features of this property?
This property features: .81 AC parcel at 1414‑1444 Park Ave; All current tenants occupy NNN leases on the standard AIR net lease form; Approximately 1 mile south of Chico State campus
