1950 East 20th Street

Chico, CA 95928

Listing ID: 197677

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Property Type Retail : Shopping Center
Unit Sq Ft 528,397
Service Type

1950 East 20th Street Chico, CA 95928 - main image

Description

Chico Marketplace is California’s largest retail property north of Sacramento and the only enclosed regional mall within a 45-mile radius. In 2012, a floor-to-ceiling renovation dramatically improved the look and feel with updated entranceways, signage, flooring, decor, and a new food court, Dick’s Sporting Goods, Justice, Chipotle, Maurice’s, rue21, Francesca’s, and Torrid have all opened at the center, further broadening the tenant mix and enhancing value.
Tenant sales for Chico Marketplace have increased significantly over the past three years and we are excited to report the following strong sales figures for the month of August 2019:
• Monthly Sales:
$3,911,541.20 – a 2.09% increase from August 2018!
• Year-to-Date Sales:
$28,588,294.33 – a 5.46% increase from YTD 2018!
• Sales Per Square Foot:
$435.00 PSF – 6.8% increase from the $398.00 PSF recorded last year!
Located directly off the E 20th Street exit of Hwy 99 at the intersection of Forest Ave
Anchored by Dick’s Sporting Goods, JCPenney, and Planet Fitness (opening Spring 2020)
57-foot pylon sign facing Hwy 99 coming soon
528,397 SF GLA
Surrounded by dense residential neighborhoods
Strong daytime population supported by California State University-Chico, Sierra Nevada Brewing Company, and Butte College

Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		8,692	59,538	99,849
Population Median Age		36	35	36
Population by Age	0-9 Yrs	1070 (12%)	6317 (10%)	10506 (10%)
	10-19 Yrs	926 (10%)	7980 (13%)	13547 (13%)
	20-29 Yrs	2146 (24%)	16365 (27%)	24459 (24%)
	30-39 Yrs	1289 (14%)	7219 (12%)	11935 (11%)
	40-49 Yrs	768 (8%)	5722 (9%)	10562 (10%)
	50-59 Yrs	990 (11%)	5620 (9%)	10052 (10%)
	60-69 Yrs	867 (9%)	5558 (9%)	10011 (10%)
	70+ Yrs	636 (7%)	4758 (7%)	8778 (8%)

Median HH Income		$44,388	$47,426	$49,646
Total Household Income	< 24K	988 (30%)	6587 (29%)	11076 (28%)
	25-49K	873 (27%)	5196 (23%)	8470 (21%)
	50-74K	393 (12%)	3392 (15%)	5968 (15%)
	75-99K	275 (8%)	2241 (9%)	4097 (10%)
	100-199K	577 (17%)	4055 (17%)	7303 (18%)
	200K+	109 (3%)	1108 (4%)	1957 (5%)

Highest Education Level	No Diploma	715	2473	4095
	Diploma or GED	1110	5575	10130
	Some College	1707	8903	16034
	Assoc. Degree	533	3237	6384
	Bachelors Degree	1301	8978	14846
	Higher Degree	412	4666	7821

Total Housing Units		3,535	25,642	43,364
--Owner-Occupied		1,169	10,002	18,513
--Renter-Occupied		2,047	12,576	20,358
Owner-Occupied Values	< 100K	58	501	1629
	100-199K	240	1086	1612
	200-299K	493	3238	5486
	300-399K	246	2810	5385
	400-499K	32	1077	2050
	500K+	100	1289	2351

Total Working Age Population		7,164	50,153	83,454
In Work Force		4,896	32,630	53,371
Not In Work Force		2,268	17,523	30,083
Workforce Employed		4,166	29,420	48,655
Workforce Unemployed		729	3,209	4,699
Civlian Workforce		4,895	32,629	53,354
Military Workforce		1	1	17

Total Households		3,215	22,578	38,871
Family Households		1,803	11,152	20,250
Non-Family Households		1,413	11,426	18,620
Married Couple		1,106	7,852	14,248
Other Family		696	3,299	6,003
Married w/Child		554	3,338	5,768
Single Male w/Child		63	450	959
Single Female w/Child		202	1,240	2,215

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Butte County	203,171	+8	220,000	+5	230,282	+7	246,880

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.