Investment Overview

2070 & 2072 E 20th St is an exceptional retail asset located in the thriving city of Chico, California. Situated on a parcel of land totaling 1.26 acres, the subject property was originally constructed in 2003 and has a gross rentable area of approximately 15,242 square feet. Additionally, the subject property offers its renters close proximity to California State University, Chico, and the tenant anchored WinCo Foods, creating strong demand and high foot traffic within the area. The subject property is situated within close proximity to Downtown Chico. The Downtown district is well known for their Thursday Night Market throughout the summer months, offering fresh local produce, arts and crafts, and live entertainment. Additionally, 2070 & 2072 E 20th St offers close proximity to notable attractions including Lake Oroville, Butte Creek Canyon, the Sierra Nevada Mountain range and Bidwell Park, which is known as one of the largest municipal parks throughout the nation, all offering renters and locals a plethora of outdoor recreational activities. The subject property also offers renters & employees easy access to State Route 99, State Route 149 and State Route 32, as well as numerous other modes of transportation. The investment appeal of this asset is driven by Chico’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Chico, 2070 & 2072 E 20th St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment options