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New Retail Space Available
For Lease
$8,185/Mo NNN

1990 Belgium Ave, Chico, CA 95928

New construction retail space in mixed-use complex, great location.

Space SizeContact for details
Lot Size2.50 Acres
Days on Market207

Property Features for 1990 Belgium Ave

General Information

Standard status Active
Lot size 2.50 Acres
Listing Agency: Capital Rivers Commercial Inc
Listed By: Carrie Welch · License #01926238
Source: Exprealty
Added: Jan 26 Changed: Aug 20 Last Checked: Aug 21 at 11:28AM

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 Capital Rivers Commercial Inc

Investment Insights

Based on property information with market context.

This is a new construction retail space available for rent. Located on the corner of Bruce Road and Belgium Avenue, this 3,724 square foot suite is situated on the first floor and is adaptable to various business needs. The property is part of the mixed-use B20 complex, which includes 60 senior apartments, Rione Restaurant, and Raymond James. On-site parking is available for tenants and guests. The location benefits from recent improvements to Bruce Road, the development of the Enloe Cancer Center, and the Meriam Park community located across the street. The lease is NNN.

Key Highlights

  • New construction, 3,724 SF first‑floor suite, ready for customization.
  • Located in the B20 mixed‑use complex with 60 senior apartments, Rione Restaurant, and Raymond James.
  • On‑site parking for tenants and guests.

Property Analytics

Current Use

B20 Senior Apartments Real Estate Agency Rione Italian Restaurant Restaurant

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery Furniture & Home Goods Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby

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

Lease Benchmarks for Chico, CA

$18.83 /SF/Yr
Avg Asking Price
$6.08–$26.37 /SF/Yr
Price Range
4,168 SF
Avg Space Size

This space is priced 40% above the average of $18.83 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - New construction retail space in mixed-use complex, great location.
Where is this retail space located?
The property is located at 1990 Belgium Ave Chico, CA.
What is the lease rate?
The lease rate is $8,185/Mo.
What are key features of this property?
This property features: New construction, **3,724 SF first‑floor suite, ready for customization.**; Located in the B20 mixed‑use complex with 60 senior apartments, Rione Restaurant, and Raymond James.; On‑site parking for tenants and guests.
More about this property
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