Healthcare-Anchored Office
95 Declaration Dr, Chico, CA 95973
For Sale
Contact for pricing
Dermatology, therapy, insurance, and other professional services contribute to the tenant mix.
Property SizeContact for details
Days on Market43
Property Features for 95 Declaration Dr
General Information
Standard status
Property subtype
Additional Details
Highway Access
Tenant in Place
Property Use
Medical Specialty
Building Details
Tenancy
Listing Agency:
Matthews
Listed By:
Michael Moreno · License CA #01982943
(818) 522-4497
Source:
Crexi
Added: Oct 2
Changed: Nov 10
Last Checked: Nov 12 at 8:23AM
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 Matthews
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Investment Insights
Based on property information with market context.
This office property at 95 Declaration Dr in Chico is anchored by PhyNet Dermatology and includes therapy, insurance, and other professional-service tenants. PhyNet occupies approximately 55% of the building under a NNN lease and accounts for approximately 73% of scheduled base rental income. Its lease runs through October 2032 and includes two five-year renewal options, with 3% annual rent increases. Select other tenants also have scheduled increases.
The building is in the Philadelphia Square professional office complex in North Chico, near Esplanade and Eaton Road, with access to Highway 99 and surrounding Chico communities.
The building is in the Philadelphia Square professional office complex in North Chico, near Esplanade and Eaton Road, with access to Highway 99 and surrounding Chico communities.
Key Highlights
- PhyNet Dermatology occupies approximately 55% of the building
- PhyNet generates approximately 73% of scheduled base rental income
- NNN lease extends through October 2032, with two five‑year renewal options
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
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Business Placement
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
$484,600
Median Home Value
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Market
Average Price Trend$/SF for Office buildings in Chico, CA
Properties on Market for Office buildings in Chico
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Dermatology, therapy, insurance, and other professional services contribute to the tenant mix.
Where is this office building located?
The property is located at 95 Declaration Dr Chico, CA.
What is the asking price?
The asking price for this property is $1,388,406.
What are key features of this property?
This property features: PhyNet Dermatology occupies approximately 55% of the building; PhyNet generates approximately 73% of scheduled base rental income; NNN lease extends through October 2032, with two five‑year renewal options
