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    2500 Zanella Way Chico, CA 95928

    For Lease
    $24 SF/Yr ($16,320 /Mo)

    Chico, CA Retail Space Available

    Lot size:
    8,160 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Skyway Marketplace, located at 2500 Zanella Way in Chico, CA, offers 8,160 square feet of retail space in a single, one-story building. This property, built in 1985 and extensively renovated in 2023, features five suites, with a minimum divisible space of 960 square feet and a maximum contiguous space of 8,160 square feet. Currently, all 8,160 square feet are vacant, presenting a unique opportunity for a single tenant or multiple users. The center boasts excellent visibility and high traffic counts, averaging nearly 25,000 cars daily, due to its strategic location directly across from Skypark Plaza, a major retail center. Ample parking is available, including employee parking in the rear with convenient rear access for deliveries. The property sits on 1.11 acres of land and has a building floor area ratio (FAR) of 16.88. The zoning is CS, and the APN is 002-200-038. The property offers prominent streetfront signage, including large pole signage and façade signage. Its proximity to Highway 99 (less than a quarter-mile west) and numerous major retailers, including Home Depot, Lowe's, Walmart, and others, further enhances its desirability. This location offers lower rents than competing centers while providing superior visibility and convenient parking. Total parking spaces number 40. Butte County is the location.

    Property Features for 2500 Zanella Way

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,160 SF
    Total Rate
    16320

    Building Details

    Year Built/Renovated
    1985/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 7
    Size
    960 SF
    Rate per SF
    $24

    HighLights

    • High‑traffic retail location.
    • Excellent traffic counts.
    • Prominent pylon signage opportunity.
    • Available infill space.
    • High street visibility.
    • Recently renovated exterior.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Xinlongda Spa Massage Spa BareBones WorkWear Clothing Store Batteries Plus Car Battery Store We Fix It ... Mobile Phone Repair Shop Swenson K Stephen Attorney

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chico
    County
    Butte
    State
    California
    Longitude
    -121.79316880349
    Latitude
    39.714904051207

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    FAQs

    What type of property is this?
    Retail property - Chico, CA Retail Space Available
    Where is this retail property located?
    The property is located at 2500 Zanella Way Chico, CA.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail location.; Excellent traffic counts.; Prominent pylon signage opportunity.
    Request Owner's contact information
    2500 Zanella Way Chico, CA 95928
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    Chico, CA 95928
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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
    2500 Zanella Way Chico, CA 95928
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