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Chipotle | Lemoore, CA 155 W Hanford Armona Rd 2,325 SF Retail Building Lemoore, CA 93245 $3,980,000 ($1,711.83/SF) 4.65% Cap Rate
Investment Highlights
- New-Construction Absolute NNN 15-Year Lease
- Corporate-Guaranteed Lease (NYSE: CMG); Over 3,400 Stores in the U.S., Canada, France, Germany, and the United Kingdom
- “Most Influential Companies” — TIME Magazine (2024)
- 10% Increases Every 5 Years
- “Most Admired Companies” — Fortune (2024)
- Pad to Dominant Save Mart-Anchored Regional Center (Top 4% in Chain Nationwide, Placer.ai)
Executive Summary
New-Construction Absolute NNN 15-Year Lease | Pad to Dominant Save Mart Anchored Center (Top 4% in Chain Nationwide, Placer.ai) | Co-Tenants with Ross Dress for Less, Tractor Supply, McDonald’s, Panda Express, and Dollar Tree
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
2,325 SF
Building Class
C
Year Built
2026
Price
$3,980,000
Price Per SF
$1,711.83
Cap Rate
4.65%
NOI
$185,070
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.62 AC
Zoning
NC - Commercial
Parking
60 Spaces (25.81 Spaces per 1,000 SF Leased)
Frontage
172’ on Hanford Armona Rd
Walk Score®
Very Walkable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 021-380-004-000 | Improvements Assessment | $1,868,640 |
| Land Assessment | $637,500 | Total Assessment | $2,506,140 |
Property Taxes
Parcel Number
021-380-004-000
Land Assessment
$637,500
Improvements Assessment
$1,868,640
Total Assessment
$2,506,140
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Chipotle | Lemoore, CA | 155 W Hanford Armona Rd
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