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Chipotle & Corner Bakery | Great Location 26440 Ynez Rd 7,301 SF 100% Leased Retail Building Temecula, CA 92591 $10,201,782 CAD ($1,397.31 CAD/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 2-Tenant Retail | Recently Signed Lease Extensions | NNN Leases Recent Roof Renovation
- Strong Demographics In 5-Mile Trade Area
- Outparcel to Promenade Temecula Mall (1.4M+ SF) | Prime Location | Excellent Visibility | Interstate-15 (164,000 VPD)
EXECUTIVE SUMMARY
• 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
PROPERTY FACTS
AMENITIES
- Restaurant
- Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Chipotle Mexican Grill opened its first restaurant in Denver in 1993, founded by Steve Ells, and has since grown into a public company traded on the NYSE under the symbol CMG. Headquarters are located in Newport Beach, California. The chain operates approximately 4,000 owned restaurants across North America and Europe, with a menu centered on customizable burritos, bowls, tacos, and salads using responsibly sourced ingredients. Chipotle maintains a “Food with Integrity” commitment, focusing on simple, fresh ingredients and sustainable practices. The company has established corporate support centers, including a restaurant support office opened in Columbus, Ohio, in 2022, and continues to drive expansion with innovation in technology and sustainability efforts.
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- Accommodation and Food Services
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99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Corner Bakery got it's start in a small neighborhood bakery on a corner in downtown Chicago, where they began creating artisan breads and freshly baked sweets. And upon a little success, neighbors began to ask them for sandwiches made with that fabulous bread, followed by homemade soups and salads, and even made-to-order scramblers. Their guests’ requests continued to inspire them as their bakery’s menu and business grew. Today, Corner Bakery continues to fulfill the needs and desires of their neighbors with a menu of ingredient-inspired, prepared-to-order food. When customers visit the cafe, they'll see real kitchens in place of assembly lines. They'll hear the chopping of countless types of fresh herbs, fruits and vegetables, and the sizzle of their real panini grill. They'll see the stove’s open flame and feel the warmth from their ovens working all day long. They’re the traditions they established years ago that they still passionately follow today.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 910-320-036 | Improvements Assessment | $2,786,521 CAD |
| Land Assessment | $1,908,501 CAD | Total Assessment | $4,695,022 CAD |
PROPERTY TAXES
CONTACTS
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Aron Cline -
Matt Coates -
Gary Chou -
Calvin Short -
George Gomez -
SRS National Net Lease
Presented by
Chipotle & Corner Bakery | Great Location | 26440 Ynez Rd
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