Chipotle - Brand New 15-Year Corporate Lease 2880 Jensen Ave

Investment Highlights

New 15-Year Corporate Lease | 10% Rent Increases Every 5-Years Part of a New Development with Starbucks and Oil Changers (also available for sale) High Traffic Volume Location | Over 27,000 ADT at Jensen & Bethel Avenues Brand New 2024 Build-to-Suit Construction with Drive-Thru ?Chipotlane? Located Across the Street from a Top 15% Performing Wal-Mart in the U.S.

Executive Summary

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new 2024 build-to suit constructed ?2,391 square foot free-standing building with drive-thru leased to Chipotle. Located just off the hard corner of Jensen and Bethel Avenues with over 27,000 ADT in Sanger, California (Fresno MSA). The subject property is well positioned along Jensen Avenue near a strategic entrance to an established Wal-Mart Supercenter anchored shopping center which caters not only to the nearby residents, business, and schools of Sanger, but also to the surrounding community trade area. This offering presents an investor with an opportunity to acquire an attractive, brand new constructed property that is leased to a corporate tenant on a new long term 15-year lease.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Fast Food Fast Food General Retail Convenience Store General Retail Freestanding General Retail Restaurant Fast Food
• Building Size    2,391
• Building Class    B
• Year Built    2024
• Construction Status    Under Construction
• Price    3,120,000
• Price Per SF    1,305
• Cap Rate    4.65
• NOI    145,000
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.10
• Land Acres    0.57 AC

• Monument Signage