4940 Pacific Ave - Fast Food FOR SALE


Stockton, CA 95207- Lincoln Village
$2,204,000 USD
559-650-1316
4940 Pacific Ave, Stockton, CA for Sale
$2,204,000 USD
Fast Food - FOR SALE
1/12
null | 5% Cap Rate

4940 Pacific Ave
Stockton, CA 95207
Lincoln Village


HIGHLIGHTS

  • #1 Chipotle Location of 420 in CA per Placer.ai | Rare Corporate Chipotle Ground Lease
  • Located at the Main Entrance of Weberstown Mall ($600 PSF Sales) the Only Enclosed Mall in Stockton and the Retail Epicenter for the Market
  • 10% Rent Increase in 2027 and 15% Increases in the Option Periods
  • Immediately Across from San Joaquin Delta College with over 18,000 Students Boosting the Daytime Population and Chipotle’s Targeted Customer
  • High Traffic Volume Location | Over 73,200 ADT at Pacific Avenue and March Lane
  • Chipotle has Zero Corporate Debt and $11.3 Billion Dollars in Revenue (2024) with Multiple Years of Explosive Sales Growth and Aggressive Expansion

OVERVIEW

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this free-standing building leased to Chipotle Mexican Grill corporation. Located at the main entrance to the Weberstown Mall, an 846,000 square foot regional mall anchored by Dillard’s, JC Penney, Old Navy, Barnes & Noble, Five Below, and Bath & Body Works in Stockton, California. Weberstown Mall averages $600/psf in sales, is the only indoor mall in Stockton, and the mall does not have a dedicated food court that could fuel away food and beverage sales from the Chipotle. The subject property is well positioned directly along Pacific Avenue near the busy intersection of Pacific and March Lane boosting average daily traffic counts in excess of 73,000 cars per day. This offering presents an investor with an opportunity to acquire an attractive, well-located property corporately leased to a nationally recognized tenant.

FOR SALE DETAILS

PRICE

$2,204,000 USD

PRICE/SF

$863 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

#1 Chipotle in California | Mall Outparcel

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Convenience Store, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Bryan CifranicCommercial Retail AssociatesMore Info
559-650-1316

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Bryan CifranicCommercial Retail AssociatesMore Info
559-650-1316

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