Chipotle Absolute NNN Ground
For Sale
Contact for pricing
Pending
3852 W Rancho Vista Blvd, Palmdale, CA 93551
Brand-new restaurant investment at a signalized intersection beside a new McDonald’s and across from Walmart Neighborhood Market.
Property Size2,325 SF
Days on Market406
Property Features for 3852 W Rancho Vista Blvd
General Information
Standard status
Pending
Size
2,325 SF
Class
A
Total Parking Spaces
34
Property subtype
Retail
Zoning
General Commercial (C1)
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
2025
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Calvin Short · License #01927216
Source:
Crexi
Added: Jul 23, 2025
Changed: Aug 31
Last Checked: Aug 30 at 8:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Built in 2025, this 2,325-square-foot Chipotle restaurant is offered as a leased-fee, absolute NNN ground lease property. Chipotle Mexican Grill, Inc. guarantees the lease, with a 15-year initial term followed by four five-year renewal options. Contractual rent increases of 10% occur every five years during the initial term and renewal periods. The tenant is responsible for taxes, insurance, CAM, and maintenance under the absolute NNN structure. The property carries General Commercial (C1) zoning and occupies a signalized intersection at Rancho Vista Boulevard and Town Center Drive in Palmdale.
Traffic exposure includes 34,200 VPD along Rancho Vista Boulevard and 7,900 VPD on Town Center Drive. The restaurant is across from a Walmart Neighborhood Market-anchored center and next to a brand-new McDonald’s, with Starbucks, Jack in the Box, and AT&T nearby. A planned 239-unit single-family development is located directly behind the site.
Traffic exposure includes 34,200 VPD along Rancho Vista Boulevard and 7,900 VPD on Town Center Drive. The restaurant is across from a Walmart Neighborhood Market-anchored center and next to a brand-new McDonald’s, with Starbucks, Jack in the Box, and AT&T nearby. A planned 239-unit single-family development is located directly behind the site.
Key Highlights
- Chipotle Mexican Grill, Inc.-guaranteed absolute NNN ground lease
- 2,325‑square‑foot restaurant built in 2025
- 15‑year initial lease term with four five‑year renewal options
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Explore this area
Business Placement
Demographics for 93551, CA
56,001
Population
17,940
Households
3.1
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
660
Density / Sq Mi
$110,850
Median Household Income
$55,882
Median Earnings
$2,263
Median Rent
$548,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new restaurant investment at a signalized intersection beside a new McDonald’s and across from Walmart Neighborhood Market.
Where is this nnn property located?
The property is located at 3852 W Rancho Vista Blvd Palmdale, CA.
What are key features of this property?
This property features: Chipotle Mexican Grill, Inc.-guaranteed absolute NNN ground lease; 2,325‑square‑foot restaurant built in 2025; 15‑year initial lease term with four five‑year renewal options
