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Chipotle & Corner Bakery | Great Location 26440 Ynez Rd 7,301 SF 100% Leased Retail Building Temecula, CA 92591 $7,148,000 ($979.04/SF) 5.40% Cap Rate
Investment Highlights
- 2-Tenant Retail | Recently Signed Lease Extensions | NNN Leases Recent Roof Renovation
- Strong Demographics In 5-Mile Trade Area
- Outparcel to Promenade Temecula Mall (1.4M+ SF) | Prime Location | Excellent Visibility | Interstate-15 (164,000 VPD)
Executive Summary
• Corner Bakery lease guaranteed by a 4-unit entity through a 7+ years sale leaseback arrangement | Feast California Cafe is a subsidiary of Beshay Enterprises, a 305+ unit operator of Jack in the Box, Del Taco, Denny’s, Popeyes, and Corner Bakery
• Both tenants hold NNN leases, minimizing expense exposure for future owners
• Chipotle has operated on-site for 10 years and recently signed a 10-year lease extension with two additional options, demonstrating strong tenant commitment
• The roof was replaced within the last few years
Property Facts
Amenities
- Restaurant
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Chipotle Mexican Grill began in 1993 when Steve Ells opened a restaurant in Denver, Colorado. The company focuses on burritos, tacos, bowls, and salads made with fresh ingredients. Customers can customize their orders while watching the food preparation. Chipotle operates thousands of locations internationally and emphasizes using real food without artificial additives. The chain has grown substantially since its founding and remains a major player in the fast-casual dining industry.
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- Accommodation and Food Services
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99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Corner Bakery Cafe started in 1991 in Chicago as a neighborhood bakery that expanded into a full cafe. The original founders began selling sandwiches and soups after customer requests. The company changed hands several times over three decades while growing its menu and locations. Now operating as a fast-casual chain, Corner Bakery offers breakfast, lunch, and dinner options made with fresh ingredients. They have both corporate-owned and franchised locations nationwide. The brand emphasizes quality food and community involvement through local initiatives and catering services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 910-320-036 | Improvements Assessment | $2,031,451 |
| Land Assessment | $1,391,350 | Total Assessment | $3,422,801 |
Property Taxes
Contacts
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Aron Cline -
Matt Coates -
Gary Chou -
Calvin Short -
George Gomez -
SRS National Net Lease
Presented by
Chipotle & Corner Bakery | Great Location | 26440 Ynez Rd
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