Search
Functional Office Space Available
For Lease
$1,764/Mo

48 Hanover Ln 1, Chico, CA 95973

Office space with reception, offices, conference room, and breakroom.

Space SizeContact for details
Property Size1,534 SF
Lot Size0.22 Acres
Days on Market192

Property Features for 48 Hanover Ln 1

General Information

Standard status Active
Size 1,534 SF
Lot size 0.22 Acres
Property subtype Commercial

Building Details

Building Size 1,534 SF
Year Built 1997
Listing Agency: Century 21 Select Real Estate, Inc.
Listed By: Kimberly Shaffer · License #01415693
Source: Elliman
Added: Mar 10 Changed: Sep 14 Last Checked: Sep 16 at 5:06PM

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 Century 21 Select Real Estate, Inc.

Investment Insights

Based on property information with market context.

This office space, encompassing approximately 1534 square feet, features a large waiting room and a built-in reception desk that includes ample storage for files. The layout incorporates four private offices, a conference room, and a breakroom equipped with a sink. A private restroom is included, along with three additional storage areas. There is also a common area restroom available for clients. Ample parking is provided within the complex. The property is situated just off Esplanade, a few blocks from the intersection of East Avenue and Esplanade.

Key Highlights

  • Convenient location near Esplanade and East Ave, easily accessible for clients.
  • Spacious 1534 sq ft office layout.
  • Includes four private offices and a conference room.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Lashes by Alexandra Hair Salon Dr. Susan Tobin Physician Pearson Sally Alternative Medicine Practice ShaferTech IT Consulting Firm Ataide Sherrie Business Management Consultant

Suggested Use

Top Pick HVAC Service Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Carpet & Flooring Store

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
$2.07 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby

Demographics for 95973, CA

39,609
Population
15,836
Households
2.5
Avg Household Size
39
Median Age
41%
College-Educated
94%
High-School Grad
300.1 sq mi
ZIP Area
132
Density / Sq Mi
$92,228
Median Household Income
$45,897
Median Earnings
$1,546
Median Rent
$484,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Chico, CA

$12.94 /SF/Yr
Avg Asking Price
$4.8–$23.87 /SF/Yr
Price Range
5,697 SF
Avg Space Size

This space is priced 7% above the average of $12.94 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Office space with reception, offices, conference room, and breakroom.
Where is this office units located?
The property is located at 48 Hanover Ln 1 Chico, CA.
What is the lease rate?
The lease rate is $1,764/Mo.
What are key features of this property?
This property features: Convenient location near Esplanade and East Ave, easily accessible for clients.; Spacious 1534 sq ft office layout.; Includes **four private offices and a conference room.**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message