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Chipotle | Lemoore, CA 223 W Hanford Armona Rd 2,325 SF 4-Star 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
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Construction Status
Proposed
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
0.58 AC
Amenities
- Dedicated Turn Lane
Walk Score®
Very Walkable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 021-380-001-000 | Improvements Assessment | $1,992,267 |
| Land Assessment | $718,916 | Total Assessment | $2,711,183 |
Property Taxes
Parcel Number
021-380-001-000
Land Assessment
$718,916
Improvements Assessment
$1,992,267
Total Assessment
$2,711,183
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Chipotle | Lemoore, CA | 223 W Hanford Armona Rd
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