166 East 2nd Street, Chico, CA for sale

Investment Overview

166 E 2nd Street is a ±5,586 square foot downtown Chico storefront featuring large display windows, exposed brick walls, and natural light from multiple skylights. Fully leased with a 5-year term with two 5-year renewal option. Established local business and a recently reimagined space that shines with pride of ownership. Convenient alley access accommodates loading needs with potential for rear parking. Rear parking lot listed for sale separately but can be purchased together.

Investment Highlights

• Full 5-year initial term through March 2031 with two 5-year renewal options.
• Built-in 3.0% annual rent escalations
• Solid credit support via an individual Personal Guarantee by the principal
• Heavy tenant investment/TI commitment, signaling strong tenant retention.