Unison Properties
Anh Stovall, Unison PropertiesPhone: (408) 883-4317
Email: [email protected]

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listing
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Single FamilyFor Sale
$3,990,000
422 Otterson Drive
Chico, CA 95928
Listed by: Michael Donnelly from Coldwell Banker C&c Properties, 530-896-3126
MLS: Bay East Contra Costa (BECCAR)
37,200Sq Ft
Est. Mortgage
$20,696/mo

Solid industrial Net Income investment Property (NNN) fully leased. Modern 37,200 sq. ft. concrete tilt up building in desirable Hegan Lane Industrial Park. Leased by a long time respected national tenant offering an investor an attractive Net Income Return/CAP Rate. Tenant pays all Operating Expenses except insurance. Fully served by solar power for added value, and a newer roof (approximately 10 years old). The building has four Dock High and two grade level roll up doors on the north side (10 feet high) and two grade level doors on the south side (14 feet high) for a total of eight roll up doors. Ceiling height is 23 feet high. Two story modular conditioned offices in the front including break rooms and conference room and conditioned offices in the far back of the warehouse. The tenant is a major national door machinery manufacturing company headquartered in Ohio with facilities in California and North Carolina.

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Information courtesy of Coldwell Banker C&c Properties is subject to verification and is not guaranteed.
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