Chipotle & Verizon | NNN Lses | DrThru Equip 27960 Clinton Keith Rd

Investment Highlights

Strong Tenant Lineup | 100% Occupied | NNN Leases | Strong Commitment to Site | Drive-Thru Equipped Located Along Clinton Keith Road | Centralized Location | Excellent Visibility & Access | Brand New 2024 Construction The Vineyard Shopping Center | Dense Retail Corridor | Nearby Developments Direct Residential Consumer Base | Six-Figure Incomes | Strong Demographics in 5-Mile Trade Area

Executive Summary

\SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a 100% occupied, two-tenant, e-commerce resistant, investment property located in Murrieta, CA (Temecula MSA). The offering features a strong food and service tenant lineup of Chipotle (NYSE: CMG) and Verizon Wireless (S&P: BBB+) both corporate guaranteed leases. Both tenants have recently signed brand new 10-year leases with additional option periods left to extend, demonstrating their commitment to the site, and providing zero short term rollover. Chipotle and Verizon will be operating under leases which are NNN in nature, limiting expense leakage for a future investor. Additionally, Chipotle is equipped with an end-cap drive-thru ?Chipotlane? to maximize both sales and convenience to the dense customer base immediately surrounding the site.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Freestanding Freestanding General Retail Bank General Retail Restaurant Freestanding
• Building Size    5,125
• Building Class    C
• Year Built    2024
• Price    5,809,000
• Price Per SF    1,133
• Cap Rate    4.25
• NOI    246,872
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.06
• Land Acres    2.09 AC

• Freeway Visibility
• Restaurant
• Signage
• Drive Thru