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    615 Mangrove Ave Chico, CA 95926

    For Lease
    Contact for pricing

    Prime Chico retail space, 2,000 sq ft.

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,000-square-foot retail space is located at 615 Mangrove Ave, Chico, CA 95926, in Butte County (APN 003210019000). Built in 2007, this single-tenant property sits on a 0.62-acre lot and features a prime corner location within Chico's thriving daily needs shopping area. The building, a one-story structure, is ideally situated at the highly visible intersection of Mangrove and Vallombrosa Avenues, offering excellent signage opportunities. Currently configured for a restaurant, the space includes an outdoor patio. Its strategic location places it directly across from established businesses like Chipotle and Rite Aid, and neighbors include Jersey Mike's, T-Mobile, Massage Envy, Gen Kai Sushi, and Brave Coffee. This is a rare opportunity to lease in the Shops at Mangrove, a newly marketed retail center. The landlord is offering attractive lease terms to support tenant success. The property's previous use as a restaurant provides a solid foundation for similar ventures, but the space is adaptable to a variety of retail uses. Don't miss this chance to secure a well-positioned retail space at a competitive price.

    Property Features for 615 Mangrove Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Building Details

    Year Built
    2007
    Stories
    1

    Unit(s) available at that property

    Space
    Space Available
    Size
    2,000 SF

    HighLights

    • 2,000 sq ft retail space at 615 Mangrove Ave, Chico, CA.
    • Located on a 0.62‑acre lot in a prime corner location.
    • Built in 2007, single‑tenant building with outdoor patio.
    • Excellent visibility at Mangrove & Vallombrosa Aves intersection.
    • Strong co‑tenancy with Chipotle, Rite Aid, and other established businesses.
    • Adaptable space, previously used as a restaurant, with attractive lease terms available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Healthy U Pilates ... Pilates Studio TopNotchz Nails and Spa Nail Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -121.8360189
    Latitude
    39.7346332

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    FAQs

    What type of property is this?
    Retail property - Prime Chico retail space, 2,000 sq ft.
    Where is this retail property located?
    The property is located at 615 Mangrove Ave Chico, CA.
    What are key features of this property?
    This property features: 2,000 sq ft retail space at 615 Mangrove Ave, Chico, CA.; Located on a 0.62-acre lot in a prime corner location.; Built in 2007, single-tenant building with outdoor patio.
    Request Owner's contact information
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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
    615 Mangrove Ave Chico, CA 95926
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