110 Independence Chico, CA 95973
$995,000
Active
About the Property
Fully remodeled and 100% leased. Great location in the established Philadelphia Square professional complex. Two strong and established businesses - GCI Insurance Brokers and Butte Home Health with new 3 and 5 year leases in place. Recent improvements include all new flooring, interior and exterior paint and updated lighting throughout. Ideally situated with direct Highway 99 access and ample on-site parking. Below market rents provide significant upside potential. Current gross income of $84,240/year with annual increases, providing a strong cap rate for a new investor.
Property Information
| Size | 7,436 SqFt |
|---|---|
| Price/SqFt | $134 |
| Year Built | 1992 |
| Property Type | Office |
| Listing Number | SN26075929 |
| Listed | 4/9/2026 |
|---|---|
| Modified | 4/15/2026 |
| Listing Agent | Calen Chapman |
| Listing Office | Harris Commercial Real Estate |
Property Features
Heating
- Central
Land Use
- Office
Stories Total
- 2
Water Source
- Public
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