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Chipotle & Frosty Peaks 820 S China Lake Blvd

3,580 SF 100% Leased Retail Building Ridgecrest, CA 93555 £2,157,991 (£603/SF) 5.25% Net Initial Yield

Investment Highlights

  • New 10 year Chipotle & Frosty Peaks leases.
  • Strong market and demographics.
  • NNN | Fee Simple Ownership | Limited Landlord Responsibilities.
  • Ideal, minimal-management investment for a passive investor.

Executive Summary

Two Tenant NNN Lease Investment Opportunity at Oasis Shopping Center.
Chipotle: +/- 2,400 SF
Frosty Peaks: +/- 1,180 sf

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,580 SF
Building Class
B
Year Built
2022
Price
£2,157,991
Price Per SF
£603
Net Initial Yield
5.25%
NOI
£113,265
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.09
Lot Size
0.88 AC
Zoning
C-2 - Neighborhood Commercial
Parking
56 Spaces (15.64 Spaces per 1,000 SF Leased)

Amenities

  • Drive Thru

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Chipotle was born of the radical belief that there is a connection between how food is raised and prepared, and how it tastes. Real is better. "Better for You, Better for People, Better for The Planet". It may be the hard way to do things, but it’s the right way. One of the first national restaurant brands to commit to goals on local and organic produce. First national restaurant brand to commit to using only responsibly raised meat with some of the highest animal welfare standards.

  • Frosty Peaks
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Frosty Peaks Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000

Nearby Major Retailers

Starbucks
Albertsons
Dutch Bros
Denny's
Grocery Outlet
Ww (weight Watchers)
U.S. Bank
  • Listing ID: 32568983

  • Date on Market: 24/07/2024

  • Last Updated:

  • Address: 820 S China Lake Blvd, Ridgecrest, CA 93555

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