1205 E Hammer Ln - Restaurant FOR SALE
Stockton, CA 95210 |
1205 E Hammer Ln
Stockton, CA 95210
HIGHLIGHTS
- New 15-Year Lease - Rent commences October 2023
- Rental Escalation - 10% every five (5) years in initial term & options
- New Construction - Latest prototype featuring drive-thru (only Chipotle with a drive-thru in Stockton, CA)
- Corporate Lease - Guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG) with a market cap of $53 Billion
- Daily Traffic & Retail Location - 62,800 VPD catty-corner to Costco Wholesale
- Main Thoroughfare & Artery - East Hammer Lane directly connects to Interstate-5 On & Off-Ramp (10-minute drive)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
New Drive-Thru Chipotle | 15-Year Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
2100
STORIES
1
YEAR BUILT
2023
SPRINKLERS
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PARKING SPACES
15
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
088-180-12
