2080 East 20th Street, Chico, CA 95928

$18,200,000 Approx. USD 0 beds, 0 baths
99,840 sqft

Agent Remarks

$1 Million Price reduction Sept 16'. Two fully leased Class A Office Buildings, prime 10.18 Acre site; Bldg 1 (46,605), Bldg 2 (53,235 SF), fully landscaped with 514 parking stalls (5.15/1000). 8,870 SF planned vacancy Feb 17'. Designed and built for United Healthcare (NYSE symbol UNH). With substantial investment in the local workforce and Tenant funded TI's, UHC's occupied the premises continually over 16 years, excepting the 8,990 SF demised suite (Suite 170) leased to Keller Williams Realty in 2014 (being a portion of Bldg 2). In 2016 both UHC and KW executed 5 year term extension(s) thru January 2022. UHC self manages the facility, professionally operated and maintained in Class A condition by JLL under an “On-Site” management contract with UHC, and as such ownership(s) responsibilities are minimal. Located on E 20th Street within the major retail area of Southeast Chico, adjacent to WINCO and convenience shopping and in close proximity to the Chico Mall and several major anchored centers. Public transit is immediately adjacent to the premises.

Listing Details

Property type: OFF (Commercial)
Status: Active
MLS# CH16111824
List price is $18,200,000 Reduced by $1,000,000 on 9/6/2016
Beds: 0
Baths: 0
Built in 2001
99,840 sqft
10.18 acres
Lot size: 10.000
Topography: flat
County: Butte
Zoning: OC
Heating description: Natural Gas,Zoned

Last Updated: 9/6/2016

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The listing is zoned OC.
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Lat/Long: 39.728611, -121.797775.
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Broker: Courtesy of Guillon Brouhard Commercial R
Listing Agent: Bill Brouhard

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