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1205 E Hammer Ln
Stockton, CA 95210
New Drive-Thru Chipotle | 15-Year Lease · Retail Property For Sale
Investment Highlights
- New 15-Year Lease - Rent commences October 2023
- New Construction - Latest prototype featuring drive-thru (only Chipotle with a drive-thru in Stockton, CA)
- Daily Traffic & Retail Location - 62,800 VPD catty-corner to Costco Wholesale
- Rental Escalation - 10% every five (5) years in initial term & options
- Corporate Lease - Guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG) with a market cap of $53 Billion
- Main Thoroughfare & Artery - East Hammer Lane directly connects to Interstate-5 On & Off-Ramp (10-minute drive)
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,100 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.32 AC
Parking
15 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 088-180-12 | Improvements Assessment | $2,715,054 |
| Land Assessment | $510,000 | Total Assessment | $3,225,054 |
Property Taxes
Parcel Number
088-180-12
Land Assessment
$510,000
Improvements Assessment
$2,715,054
Total Assessment
$3,225,054
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