1961 14th Ave SE - Retail FOR SALE
Albany, OR 97322 |
1961 14th Ave SE
Albany, OR 97322
HIGHLIGHTS
- 10+ years remaining on corporate lease featuring 10% rental increases every 5 years
- Pad to Target-anchored mall – Heritage Mall, top 8% of shopping centers in Oregon in terms of annual foot traffic per Placer.ai
- Ideal positioning at main ingress/egress point
- 20-year roof materials warranty in place (~15 years remaining)
- Chipotle's 2024 revenues totaled $11.3 billion, a 14.6% increase over the previous year
- Ranked on the Fortune 500 and recognized on the 2024 list of Fortune’s Most Admired Companies
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
Chipotle
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
2325
STORIES
1
YEAR BUILT
2021
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
0946985
