Temecula, CA - Chipotle & Corner Bakery Cafe
$7,352,000
26440 Ynez Rd, Temecula, CA 92591
5.25
Cap Rate
386,000
NOI
Details:
Description:
• Freestanding retail property occupied by Chipotle (NYSE: CMG) and Corner Bakery
• Corner Bakery lease guaranteed by a 4-unit entity through a sale leaseback arrangement | Feast California Cafe is a subsidiary of Beshay Enterprises, a 305+ unit operator of Jack in the Box, Del Taco, Denny’s, Popeyes, and Corner Bakery
• Both tenants hold NNN leases, minimizing expense exposure for future owners
• Chipotle has operated on-site for 10 years and recently signed a 10-year lease extension with two additional options, demonstrating strong tenant commitment
• The roof was replaced within the last few years
• Strategically positioned as an outparcel to the 1.4 million+ SF Promenade Temecula regional mall, home to major tenants including Macy’s, Round 1 Entertainment, Dick’s Sporting Goods, H&M, and more
• Located near the intersection of Winchester Rd (77,000 VPD) and Ynez Rd
(36,180 VPD)
• Conveniently situated just one block east of the Interstate 15 on/off ramp
(178,760 VPD)
• Positioned within a dense retail corridor surrounded by prominent national and credit tenants such as Trader Joe’s, TJ Maxx, At Home, Hobby Lobby, and Costco
Location

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