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Net Lease

AMain Hobbies Sale-Leaseback | HQ Facility | 10 Year Abs. NNN Lease | Chico, CA

2860 Fair St, Chico, CA 95928

Listing Price: $14,851,733

Cap Rate
6.75%
Lot Size
16.35 acres
Year Built
1990
Rentable SF
111,388

Investment Overview

Marcus & Millichap is pleased to present an exceptional sale-leaseback opportunity: a 111,388 square foot single-tenant AMain Hobbies industrial headquarters facility in Chico, CA. This opportunity offers an absolute triple net lease, ensuring a passive, hassle-free income stream throughout the lease term. The offering includes 2.00% annual rental increases and a 10-year initial lease term with (3) 5-year options to extend.

Chico is the most populous city in Butte County, California. The city had a population of 101,475 in the 2020 census. Chico is the cultural and economic center of the northern Sacramento Valley, as well as the largest city in California north of the capital city of Sacramento. The city is home of California State University, Chico, and Bidwell Park, one of the largest urban parks in the world.

Investment Highlights

  • Growing Hobbies Industry
  • Long-Term Lease with Renewals
  • Mission-Critical HQ Operation
  • Robust Industrial Corridor

Exclusively Listed By

Financing By

Net Lease

AMain Hobbies Sale-Leaseback | HQ Facility | 10 Year Abs. NNN Lease | Chico, CA

Listing Price: $14,851,733

Cap Rate
6.75%
Lot Size
16.35 acres
Year Built
1990
Rentable SF
111,388

Investment Highlights

  • Growing Hobbies Industry
  • Long-Term Lease with Renewals
  • Mission-Critical HQ Operation
  • Robust Industrial Corridor

Investment Overview

Marcus & Millichap is pleased to present an exceptional sale-leaseback opportunity: a 111,388 square foot single-tenant AMain Hobbies industrial headquarters facility in Chico, CA. This opportunity offers an absolute triple net lease, ensuring a passive, hassle-free income stream throughout the lease term. The offering includes 2.00% annual rental increases and a 10-year initial lease term with (3) 5-year options to extend. Chico is the most populous city in Butte County, California. The city had a population of 101,475 in the 2020 census. Chico is the cultural and economic center of the northern Sacramento Valley, as well as the largest city in California north of the capital city of Sacramento. The city is home of California State University, Chico, and Bidwell Park, one of the largest urban parks in the world.

Exclusively Listed By

Financing By

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