Chipotle Dense Retail Site California
$1,950,000
1195 Admiral Callaghan Lane, Vallejo, CA 94591
For Sale
Retail
Free Standing
Active
Last Updated: 09/23/2024
4.51
Cap Rate
88,000
NOI
Details:
Cap Rate: 4.51%
NOI: $88,000
Building Size: 2,266 sqft
Lot Area: 1.06 sqft
Occupancy: 100%
Class: A
Lease Type: Ground
Year Built: 2015
Price Per Sqft: $860.55
Tenancy: Single
Roof: Tenant
HVAC: Tenant
Investment Strategy: Core
Lease Expire Year: 11-30-2035
Highlights:
- NNN Ground Lease | Zero Landlord Responsibilities
- Built in 2015 | Freestanding Retail Building
- 10 Year Early Extension Showing Commitment to the Area
- Located In Dense Retail Park | Multiple Nearby Big Box Retailers
- Traffic Counts Exceed 54,000+ Cars Daily Between Auto Mall Pkwy & Admiral Callaghan Ln
- Top 15% Store in the Chain per Visits per Placer AI Data
Description:
Core Chipotle property located in Vallejo California in the main retail and shopping district.
Documents:
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Chipotle_-_Vallejo_CA.pdf
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