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		Professional Plaza Lovely grounds - 2.62 acres - Built in 1982 - APN#015-020-007.  Clustered offices in a beautiful park like setting.  Total of 6 units - #1 Unit - 10/06 - 09/30/08 - 1717 sq. ft. - Rent/Unit $1899.00, #2 Unit - 02/01/07 - 01/31/08 - 906 sq. ft. - Rent/Unit $906.00, #3 Unit - 09/01/99 - 08/30/12 - 3366 sq. ft. - Rent/Unit $3096.72, #4 Unit - 12/31/07 - 12/30/10 - 5077 sq. ft. - Rent/Unit $5077.00, #5 Unit - 12/31/07 - 12/30/10 - 3439 sq. ft. - Rent/Unit $3782.90, #6 Unit - 12/31/07 - 12/30/10 - 2567 sq. ft. - Rent/Unit $2567.00.  Owned by an LLC who is leasing back 7,644 sq. ft.  Rents are low and there is an upside to income.  Building may not be totally ADA compliant, i.e., door knobs, etc.  Annual scheduled gross income = $207,943.44 - NOI = $127,786.82 - Cap Rate = 5.1.  DRE License # 00267402. Asking Price $2,250,000 Address 3120 Cohasset Rd., Chico For info (530) 899-5512 or EMAIL © 2008 Shelton Associates • All Rights Reserved • Contact Webmaster