Building 10 820 S China Lake Blvd

820 S China Lake Blvd , Ridgecrest, California, 93555 | 3,580 sq.f | $ 3,159,000

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About This Restaurant

Investment Highlights

New 10 year Chipotle & Frosty Peaks Leases | Revenue Over $9.87 Billon | Market Cap over $79 Billion Strong Market and Demographics NNN | Fee Simple Ownership | Limited Landlord Responsibilities

Executive Summary

Two Tenant NNN Lease Investment OpportunityChipotle - +/-2,400 SFFrosty Peaks - +/-1,180 SF

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Fast Food Freestanding
  • Building Size    3,580
  • Building Class    B
  • Year Built    2022
  • Price    3,159,000
  • Price Per SF    882
  • Cap Rate    5.25
  • NOI    165,840
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.09
  • Land Acres    0.88 AC

Amenities

  • Drive Thru

Nearby Amenities & Transportation

Retail Panda Express
Retail Jack In The Box
Retail Starbucks
Retail Albertsons
Retail Dutch Bros
Retail Bank of America
Retail Denny's
Retail Grocery Outlet
Retail Ww (weight Watchers)
Retail U.S. Bank
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 820 S China Lake Blvd , Ridgecrest, California, 93555