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Chipotle - Brand New 15-Year Corporate Lease 2880 Jensen Ave

2,391 SF Retail Building Sanger, CA 93657 £2,269,105 (£949/SF) 5% Net Initial Yield

Investment Highlights

  • New 15-Year Corporate Lease | 10% Rent Increases Every 5-Years
  • Part of a New Development with Starbucks (also available for sale) and Oil Changers
  • High Traffic Volume Location | Over 27,000 ADT at Jensen & Bethel Avenues
  • Brand New 2024 Build-to-Suit Construction with Drive-Thru “Chipotlane”
  • Located Across the Street from a Top 15% Performing Wal-Mart in the U.S.

Executive Summary

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new 2024 build-to suit constructed ±2,391 square foot free-standing building with drive-thru leased to Chipotle. Located just off the hard corner of Jensen and Bethel Avenues with over 27,000 ADT in Sanger, California (Fresno MSA). The subject property is well positioned along Jensen Avenue near a strategic entrance to an established Wal-Mart Supercenter anchored shopping center which caters not only to the nearby residents, business, and schools of Sanger, but also to the surrounding community trade area. This offering presents an investor with an opportunity to acquire an attractive, brand new constructed property that is leased to a corporate tenant on a new long-term 15-year lease.

Attachments

OM_Chipotle_Sanger CA

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,391 SF
Building Class
B
Year Built
2024
Price
£2,269,105
Price Per SF
£949
Net Initial Yield
5%
NOI
£113,455
Tenancy
Single
Number of Floors
1
Building FAR
0.10
Lot Size
0.57 AC

Amenities

  • Monument Signage
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2880 Jensen Ave, Sanger, CA - aerial map view - Image1
2880 Jensen Ave, Sanger, CA - aerial map view - Image2

Nearby Major Retailers

Grocery Outlet
Me-n-Ed's Pizzeria
(559) 650-1316

Contact

  • Listing ID: 33745464

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 2880 Jensen Ave, Sanger, CA 93657

The Retail Property at 2880 Jensen Ave, Sanger, CA 93657 is currently available for sale. Contact Commercial Retail Associates for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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2880 Jensen Ave, Sanger, CA for sale Building Photo- Image 1 of 6
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Connect with us

© 2024 CoStar Group

Chipotle - Brand New 15-Year Corporate Lease | 2880 Jensen Ave
(559) 650-1316 x

Chipotle - Brand New 15-Year Corporate Lease | 2880 Jensen Ave

Bryan Cifranic

(559) 650-1316

(559) 650-1316

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