3120 Campus Dr | Merced, CA 95341
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3120 Campus Dr
Merced, CA 95341
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year NNN lease with 10% rental increases every five (5) years in initial term and option periods
- Chipotle is the only restaurant company of its size that owns and operates all its restaurants
- New high-quality 2024 construction featuring a dedicated Chipotlane drive-thru
- Strong corporate guarantee from an investment-grade national tenant (NYSE: “CMG”)
- Chipotle is ranked on the Fortune 500 and is recognized on the 2023 list for Fortune’s Most Admired Companies
- Site features a street-level monument sign and 83’-tall freeway pylon
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
PROPERTY TAXES
| Parcel Number | 061-670-002 | Improvements Assessment | $2,244,000 |
| Land Assessment | $47,080 | Total Assessment | $2,291,080 |
PROPERTY TAXES
Parcel Number
061-670-002
Land Assessment
$47,080
Improvements Assessment
$2,244,000
Total Assessment
$2,291,080
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