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    1380 East Ave Chico, CA 95926

    For Lease
    $21 SF/Yr ($19,640 /Mo)

    High-traffic retail space, 900-1200 sqft.

    Lot size:
    11,223 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    Invest in this prime retail opportunity at East Avenue Marketplace, a thriving shopping center boasting 11,223 square feet across ten suites. This single-story, 2006-built property sits on 1.54 acres and offers two available spaces ranging from 900 to 1,200 contiguous square feet, ideal for various retail, restaurant, or personal service businesses. The center enjoys exceptionally high foot traffic, driven by a high-performing Safeway with a Starbucks and a fuel station, along with over 30,000 square feet of in-line tenancy featuring a diverse mix of long-term tenants and low turnover. The property benefits from excellent accessibility with three points of ingress/egress, ample employee parking, and prominent signage opportunities. Each unit features an open layout with a restroom and a large patio. The strategic location across from a high school further enhances visibility and customer reach. This is a remarkable chance to establish a business in a bustling, well-established commercial center with a proven track record of success. The property's address is conveniently located near Mariposa Avenue (APN: 016-060-072).

    Property Features for 1380 East Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,223 SF
    Total Rate
    19640.25

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    1,200 SF
    Rate per SF
    $21
    Space
    Suite Q
    Size
    1,080 SF
    Rate per SF
    $27

    HighLights

    • High daily pedestrian traffic.
    • Strong‑performing Safeway‑anchored center with gas station.
    • Over 30,000 square feet of in‑line retail space, low tenant turnover.
    • Long‑term leases.
    • Excellent accessibility with three points of ingress/egress and high traffic counts.
    • Across from a high school.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Concrete Preservation Institute Association / Organization Gelayo Frozen Yogurt Shop JT's Oven - Pizza, ... Pizza Restaurant 3rd Generation Cleaners Dry Cleaner Wireless Wizard Solutions Cell Phone Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.82213459969
    Latitude
    39.762013314734

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, 900-1200 sqft.
    Where is this retail property located?
    The property is located at 1380 East Ave Chico, CA.
    What is the lease rate?
    The lease rate is $21-$27 SF/Yr.
    What are key features of this property?
    This property features: High daily pedestrian traffic.; Strong-performing Safeway-anchored center with gas station.; Over 30,000 square feet of in-line retail space, low tenant turnover.
    Request Owner's contact information
    1380 East Ave Chico, CA 95926
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    Chico, CA 95926
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1380 East Ave Chico, CA 95926
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