1330 Fortress St, Chico, CA 95973

This building was built in 2007 and is currently occupied by Fed Ex Distribution. They occupy 100% of the building with a Triple Net - 10 Year Firm Term, Commenced June 1, 2008 Expiring May 31, 2018, Current Rent $24,010/mo NNN, Annual Rent Bumps (CPI not to exceed 2%), The building is constructed of steel frame with metal panels and stucco, there are 3-metal grade level roll up doors and 6-metal dock height loading doors, 5-fire sprinkler systems, office space has both heating and AC, one male and one female bathroom and a uni-sex bathroom, with a cap rate of 7.63% - Including 5% Vacancy Allowance, 800amp, 480 volt, 3-phase 4wire electrical, 71 Parking spaces, break room, two conference rooms, kitchen, shower, storage rooms, Telcom & IT Server Room, Mail Room and Lobby.