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Investment Highlights

  • Loading Docks
  • Ample amount of parking

Executive Summary

Premier Northern California Industrial Campus – 117,688 SF on 9.54 Acres. An exceptional opportunity for owner-users, manufacturers, distributors, logistics operators, and investors alike. Offered at an extraordinary value of less than $42 per square foot, this expansive 117,688-square-foot industrial complex spans two parcels totaling approximately 9.54 acres (APNs: 039-060-152 & 039-060-154). Located in the thriving university city of Chico, California, a regional hub for innovation, technology, agriculture, and commerce, this property offers the scale, flexibility, and infrastructure rarely available in today's market. Originally developed as a conveyor belt manufacturing facility, 2812 Hegan Lane features a versatile mix of warehouse, manufacturing, distribution, and office space suitable for a wide range of industrial and commercial operations. Zoned ML (Light Manufacturing), the property supports numerous permitted uses and presents significant potential for owner-occupancy, expansion, or value-add investment. Key features include: 27-foot clear ceiling heights with substantial storage capacity. Multiple loading docks and efficient logistics access. Flexible configuration for single or multi-tenant occupancy. Potential to divide into suites ranging from approximately 3,200 SF to nearly 100,000 SF. Quality office space integrated throughout the facility. Lots of parking, yard storage, and truck maneuvering areas. Attractive corporate campus setting. Whether you're seeking a headquarters facility, manufacturing plant, distribution center, warehousing operation, or an income-producing multi-tenant investment, 2812 Hegan Lane represents one of Northern California's most compelling industrial opportunities. Also available for lease.

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Property Facts

Price $7,099,500 CAD
Price Per SF $60.62 CAD
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 7.54 AC
Rentable Building Area 117,110 SF
No. Stories 1
Year Built 1961
Clear Ceiling Height 15’
Opportunity Zone Yes
Zoning MW

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • $0.99 CAD
  • Dec 2022

Lulus is the online destination for chic and on-trend fashion, providing superior customer service, a carefully curated selection, and a personalized shopping experience. Based in California and servicing customers worldwide, Lulus boasts a fun and casual work environment with an innovative and team-oriented spirit.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - $0.99 CAD Dec 2022
Somewhat walkable
20/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
039-060-152-000
Land Assessment
$253,475 CAD
Improvements Assessment
$3,211,026 CAD
Total Assessment
$3,464,500 CAD
  • Listing ID: 28205542

  • Date on Market: 2023-04-11

  • Last Updated:

  • Address: 2812 Hegan Ln, Chico, CA 95928

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