Single tenant medical investment opportunity secured by an ABSOLUTE NNN lease, offers truly passive ownership with minimal landlord responsibilities. This purpose-built 12,522 SF (approx.) surgery center has been occupied by the same well-established medical tenant for approximately 20 years, demonstrating the strong historical performance and long-term stability. The lease includes annual 3.25% increases, providing consistent income growth. Located in an affluent and rapidly growing area of Chico, this offering presents an attractive opportunity for investors seeking stable cash flow, contractual rent growth, and future upside potential in a proven medical location.
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Listing Snapshot
Price
$9,750,000
Days On Site
67 Days
Bedrooms
N/A
Inside Area (SqFt)
12,522 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.93 Acres
Year Built
2004
MLS® Number
225144730
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
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Recent Activity
2 months ago
Listing updated with changes from the MLS®
2 months ago
Listing first seen on site
General Features
Acres
1.93
Building Features
Major TenantManager's OfficeCafeteriaReception AreaRestroom(s)-PrivateRestroom(s)-PublicDumpsterSprinkler System LandscapeHydrant(s)Kitchen FacilitiesLandscaping
Cross Street
Forest Ave
Foundation
Slab
Lease Term
Renewal Option
Number Of Stories
1
Parking
OpenLighted
Property Sub Type
Office
Sewer
Public Sewer
SqFt Total
12522
Utilities
Natural Gas AvailableCable ConnectedUnderground UtilitiesNatural Gas Connected
Water Source
Public
Zoning
Commercial
Interior Features
Cooling
Central AirMulti Units
Flooring
TileCarpet
Heating
Natural GasCentral
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Exterior Features
Construction Details
ConcreteStucco
Lot Features
Level
Roof
Flat
Community Features
Accessibility Features
Accessible EntranceAccessible Approach with RampAccessible Doors
Financing Terms Available
CashConventionalSubmit
MLS Area
12549
Listing courtesy of Coldwell Banker Associated Brokers
All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2026-02-21 02:57 PM PST
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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