Beautiful Parkside Office Leased!
(Chico)Congrats to Turning Point Community Programs on your new lease at 590 Vallombrosa Avenue! Turning Point is a leading nonprofit organization dedicated to providing community-based behavioral health and support services throughout California.
Located near Bidwell Park, the property offers a professional office environment with beautifully maintained grounds and convenient access to shopping, restaurants, and a wide range of business services. The location provides an attractive setting for both employees and visitors while offering excellent connectivity to the surrounding Chico community.
"This is good news for the office market," Mike Donnelly noted, who negotiated the lease. This is one of three office leases in a row for Commercial Brokers of California, and that is great news for Chico. "Office vacancy is starting to improve in the area, and businesses are returning to the workplace. We've completed several office lease deals in recent weeks, and this is a good sign the market is getting better."
Commercial Brokers of California represented the landlord in the transaction, while Dupav Commercial Inc. represented the tenant, Turning Point Community Programs.
Following the successful lease, the property is now being offered for sale as a stable net lease income investment opportunity. With a quality tenant in place and a desirable Chico location, the property presents an attractive option for investors seeking dependable income and long-term value.
For additional information regarding the sale opportunity, contact Mike Donnelly at (530) 828-0011.
Mike Donnelly | DRE# 01429436 | (530) 828-0011
Brian Littrell | DRE# 01350075 | (530) 514-9035
CBC Norcal DRE# 02283650