597 SW 1st Ave - Fast Food FOR SALE


Canby, OR 97013
$3,690,000 USD
360-823-5111
597 SW 1st Ave, Canby, OR for Sale
$3,690,000 USD
Fast Food - FOR SALE
1/8
null | 5% Cap Rate

597 SW 1st Ave
Canby, OR 97013


OVERVIEW

MAJ Commercial Real Estate is pleased to present the opportunity to acquire a Single Tenant Net Leased Investment located in Canby, OR. The property is leased to Chipotle on a brand new 15-year term that commenced on December 1, 2024. This location consists of Chipotle’s pickup window “Chipotlane” for customers with meals preordered in the Chipotle mobileapp. The property is ideally located on SW 1st Ave (Pacific Hwy E), that encompasses approximately 20,200 vehicles per day. Chipotle is also located just 0.2 miles away from Canby High School and 0.7 miles away from the Clackamas County Fairgrounds and Event Center. Some of the surrounding business include Starbucks, Fred Meyer, Safeway, US Bank and more.

FOR SALE DETAILS

PRICE

$3,690,000 USD

PRICE/SF

$1,354 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHIPOTLE W/ MOBILE PICK-UP WINDOW

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

CM

APN/PARCEL ID

00793608

ASK ABOUT THIS PROPERTY

Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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Blake FederinkoMAJ Commercial Real EstateMore Info
360-823-5111

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