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Chipotle Mexican Grill & Frosty Peaks 820 S China Lake Blvd 3,580 SF 100% Leased Retail Building Ridgecrest, CA 93555 $2,127,000 ($594.13/SF) 6.50% Cap Rate
Investment Highlights
- New 10 Year Chipotle & 5 year Frosty Peaks Leases | Revenue Over $9.8 7 Billion | Market Cap Over $79 Billion
- Ideal, minimal-management investment for a passive investor.
- Chipotle is part of a brand new retail development that include s Starbucks, Habit and Jersey Mikes
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,580 SF
Building Class
B
Year Built
2022
Price
$2,127,000
Price Per SF
$594.13
Cap Rate
6.50%
NOI
$138,240
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.28
Lot Size
0.29 AC
Zoning
C-2 - Neighborhood Commercial
Parking
56 Spaces (15.64 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Drive Thru
Nearby Major Retailers
Property Taxes
| Parcel Number | 080-540-04-00-3 | Improvements Assessment | $0 |
| Land Assessment | $1,200,502 | Total Assessment | $1,200,502 |
Property Taxes
Parcel Number
080-540-04-00-3
Land Assessment
$1,200,502
Improvements Assessment
$0
Total Assessment
$1,200,502
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Chipotle Mexican Grill & Frosty Peaks | 820 S China Lake Blvd
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