Retail    

Chipotle

 Winchester (Riverside County), CA

Asking Price

$3,020,000

Cap Rate

4.85%

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Expenses

NNN

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Year Built

2024

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Lease Type

Fee Simple

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NOI

$146,475

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Rent Increases

10% Every 5 Years

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Corporate Lease to Tenant With Nearly $10B in 2023 Revenue
  • New Construction "Chipotlane" Location with Drive-Thru
  • Situated at the Entrance to a Planned Retail Destination (166K SQFT)
  • 15.35% Population Growth 2020-23 | +3,300 New Residential Units
  • Affluent Demographics | $123K Average Household Income | 432K Residents Within 10 Miles
  • Excellent Access & Visibility | Domenigoni Pkwy & Winchester Rd Intersection (57,892 VPD)
  • Inland Empire MSA | 4 Million Consumers

Exclusively Listed By

Anne Perrault

Vice President
  aperrault@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Jacob Ryan

Senior Associate
  jryan@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Cole Surrett

Investment Analyst
  csurrett@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

In Association With:

Milo Spector

CA License #01959211

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