Chico, CA 95928,2068 Dr. Martin Luther King Pkwy

$6,800,000

$6,985,000

2.6%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 12/16/2016

Key Details

Sold Price $6,800,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CH16705452

Sold Date 12/16/16

HOA Y/N No

Year Built 2016

Property Description

Single Tenant Freestanding ULTA Beauty in front of Costco. NNN Income Property. New Construction built in 2016. Brand new long term Lease in front of high performing Costco. Minimal landlord obligations with favorable fixed 10% increases every 5 years and three 5-year options. ULTA Beauty (NASDAQ: ULTA) is the largest beauty retailer in the United States with more than 907 locations across 48 states. $3.9 billion in sales in 2015.

Location

State CA

County Butte

Interior

Fireplace No

Building

Lot Description Street Level

Water Public

Others

Tax ID 005560035000

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Donnelly • Coldwell Banker DuFour Realty
Bought with Non-Member Agent CHICO • Non-Member Office CHICO
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+1(949) 258-2228

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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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