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Chipotle Mexican Grill 1701 SW Court Ave 3 724 pi² Commerce de détail Immeuble Pendleton, OR 97801 4 323 523 $ CAD (1 160,99 $ CAD/pi²) 4,75% Taux de capitalisation
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Faits saillants de l'investissement
- Chipotle Mexican Grill | Strong corporate-backed lease | $70 billion market cap | $11.9 billion total revenue (2025)
- New 15-year passive double-net (NN) lease | Virtually no landlord responsibilities | 10% rent increases every 5 years
- Limited national QSR competition | Supply-constrained market | Fills gaps in local dining landscape
- 2025 building conversion | Attractive modern building architecture and design | Spacious outdoor patio | Digital order “Chipotlane” drive-thru pickup
- Real estate advantage | Adjacent to the famous Pendleton Round-Up Rodeo Grounds – Draws over 50,000 attendees annually
Résumé de l'annonce
Lee & Associates and Bang Realty are pleased to present the opportunity to acquire the fee simple interest in a newly converted Chipotle Mexican Grill located at 1701 SW Court Place in Pendleton, Oregon. The property consists of an approximately 2,500 square foot freestanding restaurant situated on a 0.50-acre parcel. The building underwent a full conversion in 2025 and features modern architecture, a digital order “Chipotlane” drive-thru pickup lane, and a 350 square foot outdoor patio.
The property benefits from strong retail fundamentals and a strategic location directly adjacent to the Pendleton Round-Up Rodeo Grounds, one of the most recognized rodeo venues in the United States drawing more than 50,000 visitors annually. The site is positioned within Pendleton’s primary retail corridor near national tenants including Walmart Supercenter, Safeway, Taco Bell, Dollar Tree, and Grocery Outlet, providing strong traffic drivers and consumer demand in the trade area. Pendleton serves as the county seat of Umatilla County and functions as the region’s commercial and tourism hub, supported by government services, healthcare, retail, and a strong tourism economy anchored by the nationally recognized Pendleton Round-Up event.
The property benefits from strong retail fundamentals and a strategic location directly adjacent to the Pendleton Round-Up Rodeo Grounds, one of the most recognized rodeo venues in the United States drawing more than 50,000 visitors annually. The site is positioned within Pendleton’s primary retail corridor near national tenants including Walmart Supercenter, Safeway, Taco Bell, Dollar Tree, and Grocery Outlet, providing strong traffic drivers and consumer demand in the trade area. Pendleton serves as the county seat of Umatilla County and functions as the region’s commercial and tourism hub, supported by government services, healthcare, retail, and a strong tourism economy anchored by the nationally recognized Pendleton Round-Up event.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 724 pi²
Classe d’immeuble
C
Année de construction/rénovation
1980/2025
Prix
4 323 523 $ CAD
Prix par pi²
1 160,99 $ CAD
Taux de capitalisation
4,75%
Revenu net d’exploitation
205 367 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,17
Taille du lot
0,50 AC
Zonage
C-1
Stationnement
18 places (4,83 places par 1 000 pi² loué)
Façade
138’ sur Southwest Court Avenue
Commodités
- Restaurant
- Intersection avec signalisation
- Service au volant
Walk Score®
Très pratique à pied (75)
Bike Score®
Très cyclable (73)
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 109495 | Évaluation des bâtiments | 485 992 $ CAD |
| Évaluation du terrain | 223 446 $ CAD | Évaluation totale | 709 438 $ CAD |
Impôts fonciers
Numéro de lot
109495
Évaluation du terrain
223 446 $ CAD
Évaluation des bâtiments
485 992 $ CAD
Évaluation totale
709 438 $ CAD
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Chipotle Mexican Grill | 1701 SW Court Ave
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