Property Detail

110 Independence

Chico CA 95973

$995,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Calen Chapman of Harris Commercial Real Estate. Last updated 2026-05-05 08:31:44.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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