Map of Property

1111 Forest Ave

For Sale

1111 Forest Ave, Chico, CA 95928

This Chico property for sale is located at 1111 Forest Ave. The current listed sale price for 1111 Forest Ave is $4,400,000. 1111 Forest Ave is situated on a lot that is 1.38 acre in size.

Contacts

broker

Jay Cahan

HC&M Commercial Properties

(415) 865-6102

Property Details

  • Property Type Retail
  • Property Size 2,940 SF
  • Lot Size 1.38 Acre
  • Cap Rate % 5
  • Year Built 1998
  • Date Updated Apr 24, 2024

2,940 square foot convenience store and gas station leased to 7-ELEVEN until November 30, 2033 (10+ years remaining) 

Lease / Tenant

• 7-Eleven, Inc. is the leading convenience store chain world-wide with 56,600 stores and has an investment grade S&P credit rating of “AA-” • Tenant recently extended for ten (10) years with two (2) five year options • 10% rent increases in 2028 • Established location with 35 years of operating history

Real Estate / Area Strengths: 

Strategically located at the signalized corner of CA Hwy 32 (Deer Creek Highway) and Forest Avenue with average traffic count of 17,440 VPD • Located less than 1-mile east of CA Hwy 99 (Average 73,000 VPD) • Limited nearby competition • Last convenience store on Hwy 32, on the way to Lake Almanor Recreation Area and Lassen Volcanic National Park

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 45/100

    Walk Score ®

  • 75/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chico, CA
  • Neighborhood Heritage Oaks
  • Zip Code 95928

Points of Interest

  • Chico

    2.49 miles

  • Tesla Supercharger

    0.87 miles

  • Costco Gasoline

    1.27 miles

  • Safeway Fuel Station

    1.67 miles

  • Speedway

    1.77 miles

  • 76

    1.78 miles

  • Safeway Fuel Station

    1.88 miles

  • Speedway

    2.47 miles

  • Shell

    2.95 miles

  • Thornton's Chevron and Food Market

    3.17 miles

  • 76

    4.51 miles

  • Chico Park And Ride

    0.68 miles

  • Chico Mall Parking

    0.73 miles

  • The Village Center

    0.86 miles

  • Business Lane Parking

    1.01 miles

  • Lowe's Parking

    1.57 miles

  • Retail Parking

    1.59 miles

  • McDonald's Parking

    1.62 miles

  • Raley's Parking

    1.67 miles

  • Butte College Skyway Center Parking

    1.68 miles

  • Municipal Building Lot

    1.87 miles

  • Mariscos La Costa

    0.03 miles

  • Subway

    0.70 miles

  • Logans

    0.79 miles

  • Chilies

    0.80 miles

  • Chipotle

    0.80 miles

  • KFC

    0.80 miles

  • Carl's Jr.

    0.81 miles

  • Outback Steakhouse

    0.81 miles

  • Taco Bell

    0.81 miles

  • Quiznos

    0.84 miles

  • Chico Mall

    0.71 miles

  • WinCo Foods

    0.72 miles

  • JCPenney

    0.75 miles

  • Target

    0.91 miles

  • Walmart

    1.10 miles

  • FoodMaxx

    1.10 miles

  • Safeway

    1.59 miles

  • Raley's

    1.67 miles

  • TJ Maxx

    1.76 miles

  • Safeway

    1.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jay Cahan

HC&M Commercial Properties

(415) 865-6102