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Five-Unit Retail Shopping Center
New
For Sale
$1,495,000

605 Mangrove Ave, Chico, CA 95926

A multi-tenant retail property with established occupants sits on ground-leased land.

Property Size11,392 SF
Price / SF$131.23
Days on Market1

Property Features for 605 Mangrove Ave

General Information

Standard status Active
Size 11,392 SF
Property subtype Commercial

Additional Details

Corner Location Yes

Amenities

strolling walkways
bicycle parking
outdoor seating areas

Building Details

Building Size 11,392 SF
Year Built 2007
Buildings 2
Tenancy Multi
Listing Agency: Commercial Brokers of California
Listed By: Michael Donnelly · License #01429436
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:18PM

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 Commercial Brokers of California

Investment Insights

Based on property information with market context.

Two buildings at 605 Mangrove Ave contain five retail units totaling 11,392 square feet, including four end-cap spaces. Built in 2007, the center has pedestrian walkways, bicycle parking and outdoor seating. Tenants include Genkai Sushi, Green Light Fitness, Jersey Mike’s and Noodle House.

The property occupies a corner in Chico, across from Bidwell Park and near Chico High School, Chico Junior High School and a post office. Chipotle and a Safeway-anchored shopping center are also across the street. The site is described as a gateway to downtown Chico and Chico State University. Walk Score is 88 and Bike Score is 82.

The buildings are situated on ground-leased land. The retail configuration, end-cap spaces and outdoor areas are among the property’s physical features.

Key Highlights

  • Five retail units totaling 11,392 square feet across two buildings
  • Four end‑cap spaces
  • Ground‑leased land

Property Analytics

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Current Use

Jersey Mike's Subs Take-out & Catering Learning Express Toys ... (Bike/Boat/Book/etc) Store Noodle House Restaurant Greenlight Personal Training ... Gym & Fitness Center Genkai Sushi Asian ... Restaurant

Suggested Use

Top Pick Building Supply Storage Facility Auto Parts Store Big Box & Wholesale Store HVAC Service Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,000
Businesses Nearby
Balanced
Demand for This Use

Demographics for 95926, CA

41,259
Population
18,566
Households
2.2
Avg Household Size
31
Median Age
45%
College-Educated
96%
High-School Grad
7.8 sq mi
ZIP Area
5,290
Density / Sq Mi
$62,334
Median Household Income
$27,870
Median Earnings
$1,418
Median Rent
$462,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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?
Shopping center - A multi-tenant retail property with established occupants sits on ground-leased land.
Where is this shopping center located?
The property is located at 605 Mangrove Ave Chico, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Five retail units totaling 11,392 square feet across two buildings; Four end‑cap spaces; Ground‑leased land
More about this property
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