Gold Star Foods Group | Near CSU Chico & 99 Freeway — Sale in Chico, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Chico, CA 95928
  • Year built: 2004

Investment Figures

Cap rate
6.84%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

--High Credit Tenant -Market Leadership: GS Foods Encompasses a Family of the Nation’s Largest School Nutrition Providers to Provide Meals for 8.7 Million Students Per Day -E-Commerce & Recession-Resilient: GS Foods Business Model Is Well-Suited to Thrive in Various Economic Conditions -Mission-Critical Location with Truck Repair Facilities On-Site State-of-the-Art Solar Panels Covering the Roof Decrease the Cost of Power for Tenant --Strong Real Estate Fundamentals -Cold Storage Space: Rare Opportunity to Acquire Cold Storage Warehouse with 16,800 SF of Freezer Space and 2,100 SF of Refrigerated Space -Highly Desirable Site: The Property Boasts a Large 3.8-Acre Lot, a Key Feature in Today’s Market Prime Location: Strategically Positioned Off the State Route 99, Allowing for Easy Access for Delivery Trucks -Quality Construction: Concrete Tilt-Up with 7 Loading Docks and 2 Drive-In Doors -Investor-Friendly: This NNN Industrial Property Offers Minimal Landlord Responsibilities, Ideal for Investors Who Are Not Local to the Market Investment Highlights: • GS Foods Group: A Highly Reputable, B-Rated Industrial Tenant With Distribution Centers in 10 States • Brand New Lease: GS Foods Group Recently Signed a Six-Year Lease with 3% Annual Increases • Strong Corporate Guarantee: Backed by a Tenant with Over $1.5 Billion in Annual Revenue

Market Context

This industrial in Chico, CA is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 2004. It has been on the market for 100 days. Compare it against other industrial listings for sale in Chico, CA — view the full market.

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