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Single-Tenant Industrial

Gold Star Foods Group | Near CSU Chico & 99 Freeway

435 Southgate Ct, Chico, CA 95928

Listing Price: $10,060,000

Gross SF
52,989
Price/Gross SF
$189.85
Lot Size
3.78 acres
Year Built
2004
Rentable SF
52,989

Investment Overview

--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

Exclusively Listed By

Single-Tenant Industrial

Gold Star Foods Group | Near CSU Chico & 99 Freeway

Listing Price: $10,060,000

Gross SF
52,989
Price/Gross SF
$189.85
Lot Size
3.78 acres
Year Built
2004
Rentable SF
52,989

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

Investment Overview

--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

Exclusively Listed By

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