2580 Sierra Sunrise Unit #130, Chico, CA 95928

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Property Description

Exceptional Class A office space with views of California Park Lake. Umpqua Bank is the current Tenant, and is paying $5,679/Month + $1,258 NNN ($0.38/SF). POA system in place, so Owner simply collects Tenant's electronic funds monthly. CAP Rate = 6.65% with 5% vacancy factored in for new investor. Layout offers waiting and reception, conference room, break room, 10 offices, large bull pen (500 SF - 600 SF) copy room, supply and utility closet. Space is ready to go, and needs no improvements.

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Listing courtesy of Charles Carney from Harris Commercial Real Estate

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