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Chipotle 1961 14th Ave SE 2,325 SF Retail Building Albany, OR 97322 $4,085,858 CAD ($1,757.36 CAD/SF) 4.75% Cap Rate

Retail Spaces Oregon Albany 1961 14th Ave SE, Albany, OR 97322

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INVESTMENT HIGHLIGHTS

  • 10+ years remaining on corporate lease featuring 10% rental increases every 5 years
  • Ideal positioning at main ingress/egress point
  • Chipotle's 2024 revenues totaled $11.3 billion, a 14.6% increase over the previous year
  • Pad to Target-anchored mall – Heritage Mall, top 8% of shopping centers in Oregon in terms of annual foot traffic per Placer.ai
  • 20-year roof materials warranty in place (~15 years remaining)
  • Ranked on the Fortune 500 and recognized on the 2024 list of Fortune’s Most Admired Companies

EXECUTIVE SUMMARY

10+ years remaining on corporate Chipotle lease featuring 10% rental increases every 5 years throughout the base term and options. The subject property is located at Heritage Mall – a 350,000+ SF mall that ranks in the top 8% of shopping centers in Oregon in terms of annual visits.

ATTACHMENTS

Chipotle_AlbanyOR

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
2,325 SF
Building Class
B
Year Built
2021
Price
$4,085,858 CAD
Price Per SF
$1,757.36 CAD
Cap Rate
4.75%
NOI
$194,087 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.49 AC
Zoning
C - Commercial District
Frontage
169’ on 14th Avenue Southeast

LINKS

1 1
1961 14th Ave SE, Albany, OR - AERIAL map view
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (84)
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
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Walk Score® measures the walkability
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measures access to public transit. Bike Score®
measures bikeability of a location.®
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NEARBY MAJOR RETAILERS

Grocery Outlet
Applebee's
Red Robin
Starbucks
Safeway
Rent-A-Center
Carino's Italian
Fred Meyer Grocery Pickup And Delivery
Dutch Bros Coffee
Peet's Coffee

PROPERTY TAXES

Parcel Number 0946985 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $2,107,591 CAD

PROPERTY TAXES

Parcel Number
0946985
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,107,591 CAD
(650) 678-7200

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 38242979

  • Date on Market: 2025-10-28

  • Last Updated:

  • Address: 1961 14th Ave SE, Albany, OR 97322

The Retail Property at 1961 14th Ave SE, Albany, OR 97322 is currently available for Sale. Contact CP Partners CRE for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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1961 14th Ave SE, Albany, OR for sale Building Photo- Image 1 of 7
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1961 14th Ave SE, Albany, OR for sale Aerial- Image 3 of 7
Retail Aerial
1961 14th Ave SE, Albany, OR for sale Building Photo- Image 4 of 7
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1961 14th Ave SE, Albany, OR for sale Building Photo- Image 5 of 7
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1961 14th Ave SE, Albany, OR for sale Building Photo- Image 6 of 7
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Chipotle | 1961 14th Ave SE
(650) 678-7200 x

Chipotle | 1961 14th Ave SE

John Andreini
(650) 678-7200

Kirby Dederian
(415) 274-2700

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