Chipotle | New 15-Year Absolute NNN Lease 4620 Dale Rd 2,325 SF Retail Building Modesto, CA 95356 $5,041,368 CAD ($2,168.33 CAD/SF) 4.65% Cap Rate

Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this brand new 2025 build-to-suit ±2,325 square foot free-standing building with “Chipotlane” drive-thru leased to Chipotle corporate. Located in Modesto, California near the intersection of Dale Road and Pelandale Avenue with over 39,000 ADT, the subject property is well positioned parallel along Dale Road at the entrance to a newer commercial development and immediately across the street from a full service 152 bed Kaiser Permanente hospital with emergency room services. This offering presents an investor with an opportunity to acquire an attractive pride-of-ownership, brand-new constructed commercial property that is leased to a publicly traded corporate tenant, with a long-term lease commitment to the subject site.