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Chipotle NNN for Sale in Cornelius, OR — $3.6M | 4.75% Cap
  • $3,574,000

Details

  • Price $3,574,000
  • CAP Rate 4.75%
  • Tenant Chipotle
  • Years Left 15.0 years left
  • NOI $169,725
  • City Cornelius

Description

Chipotle NNN for Sale in Cornelius, OR — $3,574,000 | 4.75% Cap

This Chipotle triple net lease property in Cornelius, OR offers passive income investors A- credit, 15.0-year lease through 2041, and $169,725 annual NOI at 4.75% cap rate with absolute NNN structure.

Rare West Coast Abs NNN Lease | New 15-Year Corporate Lease

Marketing description

Prime Retail Location: High-visibility and easily accessible location along East Baseline Street, a primary east-west retail thoroughfare in Cornelius (35,200 AADT).

Chipotle Backing: Chipotle experienced strong growth in 2024, including a 14.6% increase in total

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