This Chipotle features a 15-year NNN lease with 10% rental increases every five (5) years in initial term and option periods.
The site is strategically located within Merced Gateway Retail Center, a new 77- acre mixed-use commercial development anchored by Tractor Supply Co. and adjacent to a new ARCO, McDonald’s, and Starbucks along with approximately 200 apartment units. The property resides on Campus Parkway, providing direct access to UC Merced and State Route 140, Yosemite’s all-weather route from State Route 99.
Merced Gateway Retail Center is expected to create approximately 2,700 new jobs and generate $30 million a year in sales tax revenue. The site is featuring a high-visibility location at the four-way intersection of South Coffee Street and Campus Parkway with immediate access to State Route 99/Golden State Highway (42,500 AADT). The property is within walking distance of Golden Valley High School (1,716 students).