Flex Space with Roll-Up
For Sale
Contact for pricing
3880 Benatar Way #1-4, Chico, CA 95928
A mixed retail, office, and shop layout includes private offices, a conference room, storage, and on-site parking.
Property Size6,600 SF
Price / SF$1.10
Days on Market23
Property Features for 3880 Benatar Way #1-4
General Information
Standard status
Active
Size
6,600 SF
Property subtype
Warehouse
Site & Location
Highway Access
Yes
Mixed-Use Components
retail, office, warehouse
Warehouse & Industrial
Warehouse Space
4,100 SF
Office Build-Out
2,500 SF
Additional Details
Property Use
Retail/Flex
Listing Agency:
Harris Commercial Real Estate
(530) 419-1600
Listed By:
Calen Chapman · License #02002193
(530) 514-3034
Source:
Lugobros
Added: Oct 7
Changed: Oct 28
Last Checked: Oct 28 at 1:41PM
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 Harris Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suites 1–4 at 3880 Benatar Way combine approximately 2,500 SF of remodeled retail and office space with approximately 4,100 SF of shop and warehouse area. The office portion includes two private offices, a conference room, two restrooms, and storage. The shop area has six roll-up doors and a walk-in door; parking is available on site.
The property is in South Chico, adjacent to major retailers and just off Hwy 99, with access from the highway. The suites together total approximately 6,600 SF.
The property is in South Chico, adjacent to major retailers and just off Hwy 99, with access from the highway. The suites together total approximately 6,600 SF.
Key Highlights
- Suites 1–4 total ±6,600 SF
- ±2,500 SF of remodeled retail and office space
- ±4,100 SF of shop and warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,550
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,000
$811.0K
Cap Rate 7%
$579,286
$579.3K
Cap Rate 9%
$450,556
$450.6K
Market Conditions
NOI Build-Up for 6,600 SF
Gross rent
$64.2K $9.72/SF
− Vacancy
−$6.2K −$0.94/SF
EGI
$57.9K $8.78/SF
− OpEx
−$17.4K −$2.63/SF
NOI
$40.6K $6.14/SF
Area
Chico, CA
Vacancy
9.70%
Lease Rate
$9.72 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,000
Cap Rate 7%
$579,286
Cap Rate 9%
$450,556
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.36M
NOI $81,643 @ 7.0% cap · market cap 1,124.56%
Second Best
Warehouse
$660.0K
$577.5K – $770.0K
NOI $46,200 @ 7.0% cap · market cap 636.36%
Theoretical Best
Office A
$1.33M
$1.17M – $1.55M
NOI $93,281 @ 7.0% cap · market cap 1,284.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Well-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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Creative Catering — 2565 Zanella Way STE A, Chico, CA 95928
- Kelly’s Gourmet Foods — 2350 Forest Ave, Chico, CA 95928
- Steelhead Catering — 2210 Robailey Dr, Chico, CA 95928
Frequently Asked Questions
What type of property is this?
Flex space - A mixed retail, office, and shop layout includes private offices, a conference room, storage, and on-site parking.
Where is this flex space located?
The property is located at 3880 Benatar Way #1-4 Chico, CA.
What are key features of this property?
This property features: Suites 1–4 total ±6,600 SF; ±2,500 SF of remodeled retail and office space; ±4,100 SF of shop and warehouse area
