3852 Rancho Vista Blvd - Restaurant FOR SALE


Palmdale, CA 93551
$4,588,000 USD
949-506-2009
3852 Rancho Vista Blvd, Palmdale, CA for Sale
$4,588,000 USD
Restaurant - FOR SALE
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3852 Rancho Vista Blvd
Palmdale, CA 93551


HIGHLIGHTS

  • Corporate Lease | Brand-New Construction | Rare 15-Year Term | 10% Increases Every 5 Years
  • Absolute NNN Ground Lease | Leased Fee Ownership | Zero Landlord Responsibilities
  • Strategic Signalized Hard Corner | Dense Residential Neighborhood | Retail-Heavy Corridor
  • Southern California Growth Market | Regional Accessibility | Expanding Infrastructure
  • Robust Trade Area Demographics | High-Income Growth Submarket
  • Chipotle Earnings Release | Full Year 2024 Highlights

OVERVIEW

SRS National Net Lease Group is pleased to present the opportunity to acquire the leased fee interest (land ownership) in a brand-new, Absolute NNN Ground Lease investment, guaranteed by Chipotle Mexican Grill, Inc. (NYSE: CMG). This newly constructed Chipotle is strategically located at the signalized intersection of Rancho Vista Boulevard and Town Center Drive in Palmdale, California. The tenant will execute a new 15-year ground lease with four (4) five-year renewal options, the lease features 10% rental increases every five years throughout the initial term and during each option period, providing investors with consistent NOI growth and a hedge against inflation. As a true Absolute NNN lease, the tenant is responsible for all taxes, insurance, CAM, and maintenance, creating a passive, management-free opportunity ideal for investors seeking long-term income, including those located out of state.

FOR SALE DETAILS

PRICE

$4,588,000 USD

CAP RATE

4.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Chipotle | Adjacent to McD's Development

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

C1

APN/PARCEL ID

3001-141-009

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.