Description
Single tenant medical investment opportunity secured by an ABSOLUTE NNN lease, offers truly passive ownership with minimal landlord responsibilities. This purpose-built 12,522 SF (approx.) surgery center has been occupied by the same well-established medical tenant for approximately 20 years, demonstrating the strong historical performance and long-term stability. The lease includes annual 3.25% increases, providing consistent income growth. Located in an affluent and rapidly growing area of Chico, this offering presents an attractive opportunity for investors seeking stable cash flow, contractual rent growth, and future upside potential in a proven medical location.
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0BEDS
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1.93ACRES
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0BATHS
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01/2 BATHS
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12,522SQFT
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$779$/SQFT
School Ratings & Info
Description
Single tenant medical investment opportunity secured by an ABSOLUTE NNN lease, offers truly passive ownership with minimal landlord responsibilities. This purpose-built 12,522 SF (approx.) surgery center has been occupied by the same well-established medical tenant for approximately 20 years, demonstrating the strong historical performance and long-term stability. The lease includes annual 3.25% increases, providing consistent income growth. Located in an affluent and rapidly growing area of Chico, this offering presents an attractive opportunity for investors seeking stable cash flow, contractual rent growth, and future upside potential in a proven medical location.
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