For Sale - LoopNet · NNN Income: $93,600/YR Dutch Bros Coffee (Coffee Canyon, LLC, Multiple Store...
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2393 Cohasset Road ● Chico, CA SWC of Pillsbury Road & Cohasset Road (Approximately 40,000 cars per day) Two Free-Standing Bldgs w/ Drive-Thrus Dutch Bros Coffee and Mad Dash Pizza Established Successful Tenant since 2008 9 years and 8 months on current lease 1155 W. Shaw Avenue, Suite 104, Fresno, California 93711 | Telephone 559.222-5768 | Facsimile 559.222.5755 All information, representation and projection shown herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Tailwind Commercial or True North Properties and are subject to change without notice. For More Information Please Contact: Jack Jackson Tailwind Commercial [email protected] (559) 222-5069 Tanner Tingey True North Properties [email protected] (559) 259-5715 For Sale $1,870,000 5% Cap Rate NNN Income: $93,600/YR Dutch Bros Coffee (Coffee Canyon, LLC, Multiple Store Operator)
Transcript of For Sale - LoopNet · NNN Income: $93,600/YR Dutch Bros Coffee (Coffee Canyon, LLC, Multiple Store...
2393 Cohasset Road ● Chico, CA SWC of Pillsbury Road & Cohasset Road (Approximately 40,000 cars per day)
Two Free-Standing Bldgs w/ Drive-Thrus
Dutch Bros Coffee and Mad Dash Pizza
Established Successful Tenant since 2008
9 years and 8 months on current lease
1155 W. Shaw Avenue, Suite 104, Fresno, California 93711 | Telephone 559.222-5768 | Facsimile 559.222.5755
All information, representation and projection shown herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Tailwind Commercial or True North Properties and are subject to change without notice.
For More Information Please Contact:
Jack Jackson Tailwind Commercial
[email protected] (559) 222-5069
Tanner Tingey True North Properties
[email protected] (559) 259-5715
For Sale
$1,870,000
5% Cap Rate
NNN Income: $93,600/YR
Dutch Bros Coffee (Coffee Canyon, LLC, Multiple Store Operator)
All information, representation and projection shown herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Tailwind Commercial or True North Properties and are subject to change without notice.
Location: 2393 Cohasset Road, Chico, CA 95926
Buildings: Dutch Bros Coffee: ±594 SF (constructed in 2008)
Mad Dash Pizza: ±600 SF (constructed in 2009)
Land Size: ± 21,983 SF APN 007-280-044 & 007-280-045
Tenant: Coffee Canyon, LLC (Operator of Four Stores in greater Chico)
* Mad Dash subleases directly from Coffee Canyon, LLC.
Price: $1,870,000 (5% Cap)
Lease Terms: $ 93,600/YR/NNN (Through December 31, 2022)
$104,400/YR/NNN (Through December 31, 2027)
$115,200/YR/NNN 1st 5-Year Option to Renew
$126,000/YR/NNN 2nd 5-Year Option to Renew
* Ground Lease. Tenant constructed all improvements.
Demographics:
Population Avg HH Income
3 Miles: 82,494 $44,850
5 Miles: 94,480 $47,361
10 Miles: 105,868 $50,225
C H I C O SUBJECT
All information, representation and projection shown herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Tailwind Commercial or True North Properties and are subject to change without notice.
SUBJECT
All information, representation and projection shown herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Tailwind Commercial or True North Properties and are subject to change without notice.
2393 COHASSET ROAD CHICO, CA
