1998 Alcott Ave Chico, CA 95928
This exceptional 4,250 square foot retail space is situated on a prime corner lot at 1998 Alcott Avenue 150-170 in Chico, California, 95928. Boasting a high-visibility location on East 20th Street, which sees 22,000 average daily traffic, this property benefits from its strategic placement between Highway 99 and Bruce Road within the thriving 270-acre Meriam Park master-planned community. Meriam Park offers a balanced mix of residential, retail, commercial, and recreational amenities, ensuring a consistent flow of potential customers. The property's end-cap location provides excellent visibility and accessibility. Neighboring businesses include Sweet Flower, Chico's first dispensary, and Farmer's Brewing Co. Restaurant & Taproom, further enhancing its appeal. The space is currently a cold shell, offering a blank canvas for customization. A tenant improvement allowance is available. While the entire 4,250 square feet is available, it can be subdivided into two separate units of 2,800 and 1,450 square feet. Contact for rental rates on the subdivided spaces. This property presents a unique opportunity for businesses seeking high visibility and a strong location within a vibrant community. The asking price for the entire space is $9,563.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.