Map of Property

Black Bear Diner

1990 East 20th Street, Chico, CA 95928

  • For Sale $3,347,000
  • Property Type Retail - Restaurant
  • Property Size 6,085 SF
  • Lot Size 0.55 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Renovated 2022
  • Date Updated Oct 30, 2024
-An absolute NNN Black Bear Diner with 15 years remaining in the primary term of the lease which features 10% rental increases every 5 years and three, 5-year options to extend the lease term. The subject property is a prominent outparcel of Chico Marketplace – a 585,000+ SF shopping center generating ~4.5M annual visitors per Placer.ai.

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Attachments

Highlights

  • An absolute NNN single-tenant Black Bear Diner in Chico
  • 15 years remaining in the primary term with three, 5-year options to extend the lease
  • 10% rental increases during the primary term and option periods provide investors with a hedge against inflation
  • The subject property is a prominent outparcel of Chico Marketplace – a 585,000+ SF shopping center generating ~4.5M annual visitors per Placer.ai
  • Prominent national retailers at the center include JCPenney, Home Goods, Dick’s Sporting Goods, Petco, Burlington, and Chipotle
  • Directly across from the center is a high performing Target – top 18% in the country per Placer.ai
  • Ideal positioning on the signalized, hard corner intersection of 20th Street & Forest Avenue – 34,610 VPD
  • Strong residential demographics – 97,522 residents and average household incomes of $87,058 within a 5-mile radius of the subject property

Contacts

broker

John Andreini

CP Partners

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City Chico, CA
  • Neighborhood Heritage Oaks
  • Zip Code 95928

Points of Interest

  • Chico

    2.37 miles

  • Tesla Supercharger

    0.07 miles

  • ChargePoint

    0.08 miles

  • Sinclair

    0.26 miles

  • ampm

    0.26 miles

  • Costco Gasoline

    0.58 miles

  • Speedway

    0.97 miles

  • Valero

    1.16 miles

  • Arco

    1.80 miles

  • Safeway Fuel Station

    1.89 miles

  • Electrify America

    2.04 miles

  • The Village Center

    0.10 miles

  • Chico Mall Parking

    0.19 miles

  • Business Lane Parking

    0.32 miles

  • Lowe's Parking

    0.77 miles

  • Retail Parking

    0.79 miles

  • McDonald's Parking

    0.83 miles

  • Butte College Skyway Center Parking

    0.88 miles

  • Raley's Parking

    0.89 miles

  • Chico Park And Ride

    1.03 miles

  • Black Bear Diner

    0.00 miles

  • Del Taco

    0.03 miles

  • Jack in the Box

    0.06 miles

  • KFC

    0.08 miles

  • Subway

    0.10 miles

  • Quiznos

    0.15 miles

  • Chipotle

    0.17 miles

  • Hula's Chinese Bar-B-Q

    0.19 miles

  • Carl's Jr.

    0.21 miles

  • Taco Bell

    0.25 miles

  • Target

    0.11 miles

  • WinCo Foods

    0.14 miles

  • Chico Mall

    0.19 miles

  • Big Lots

    0.20 miles

  • JCPenney

    0.27 miles

  • Walmart

    0.33 miles

  • FoodMaxx

    0.47 miles

  • Raley's

    0.89 miles

  • TJ Maxx

    0.95 miles

  • Chico Natural Foods Cooperative

    1.80 miles

Frequently Asked Questions

How much does Black Bear Diner cost?

The space currently listed for sale at Black Bear Diner asks for $3,347,000.

What is the total square footage of Black Bear Diner?

Black Bear Diner totals 6,085 square feet.

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Contact Listing Broker

broker

John Andreini

CP Partners