166 East 2nd Street
$1,275,000
166 East 2nd Street, Chico, CA 95928
5,586 sqft
Building Size
Details:
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.
Description:
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.
The property is situated directly across from a public parking lot and is surrounded by established downtown Chico shops, restaurants, and services. This walkable location provides steady visibility and access to regular pedestrian activity throughout the day. Its position near key downtown corridors allows for easy access to major city routes, supporting both customer visits and employee commutes. The surrounding retail activity contributes to a consistent and reliable draw to the area.
1 Space Available
166 E 2nd St Street Retail
Documents:
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Location
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