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Industrial Building with Absolute NNN Lease
For Sale
Contact for pricing
Pending

3960 Morrow Ln, Chico, CA 95928

Sale-leaseback structure pairs an industrial facility with a 15-year absolute NNN lease at closing.

Property Size50,340 SF
Lot Size2.70 Acres
Days on Market285

Property Features for 3960 Morrow Ln

General Information

Standard status Pending
Size 50,340 SF
Class B
Lot size 2.70 Acres
Property subtype Industrial
Zoning CS | Commercial Services
Occupancy 100%
Lease Type Absolute Net
Investment Type Sale/Leaseback

Building Details

Year Built 2006
Year Renovated 2014
Buildings 1
Tenancy Single
Building Size 50,340 SF
Listing Agency: Kwekel Companies
Listed By: Megan Snyder · License #MI
Source: Crexi
Added: Nov 18, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:13PM

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 Kwekel Companies

Investment Insights

Based on property information with market context.

The offering involves a 50,340-square-foot industrial building completed in 2006 on a 2.7-acre site. Klean Kanteen is identified as the leaseback tenant, with a new 15-year absolute NNN lease scheduled for execution at closing. The property carries CS | Commercial Services zoning.

Located at 3960 Morrow Ln in Chico, California, the asset combines an established industrial improvement with a defined leaseback structure. The building and site provide the physical foundation for the transaction, while the lease terms establish a long-term occupancy arrangement beginning at closing.

Key Highlights

  • 50,340‑square‑foot industrial building
  • 2.7‑acre site
  • Klean Kanteen sale‑leaseback tenant

Property Analytics

Current Use

Klean Kanteen Industrial Manufacturer

Suggested Use

Top Pick Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Plumbing Service Food Market

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

Location Intelligence

Trade Area within ½ mile

654
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

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial property - Sale-leaseback structure pairs an industrial facility with a 15-year absolute NNN lease at closing.
Where is this industrial property located?
The property is located at 3960 Morrow Ln Chico, CA.
What are key features of this property?
This property features: 50,340‑square‑foot industrial building; 2.7‑acre site; Klean Kanteen sale‑leaseback tenant
More about this property
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