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    Pendleton, OR
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    Pendleton, OR NNN Properties for Sale

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    Pilot Rock, OR Athena, OR Meacham, OR Echo, OR Stanfield, OR Hermiston, OR
    Freestanding Chipotle with Drive-Thru
    Updated: Mar 17
    Freestanding Chipotle with Drive-Thru

    1701 SW Court Ave, Pendleton, OR 97801

    Contact for pricing
    2,500 sqft 0.50 AC lot
    New 15‑year corporate lease with Chipotle Mexican Grill, Inc. (NYSE: CMG), with approximately 14 years remaining.
    Double‑net (NN) lease structure providing a passive investment profile with tenant responsible for taxes, insurance, interior maintenance, HVAC, and common area costs.
    Attractive 10% rental increases every five years throughout the primary term and four additional five‑year renewal options.
    Newly converted (2025) 2,500 sq ft freestanding restaurant featuring modern architecture and a Chipotlane drive‑thru pickup lane.**
    Strategic location directly adjacent to the Pendleton Round‑Up Rodeo Grounds, drawing over 50,000 visitors annually.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Pendleton, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Del Taco NNN Investment Property
    Del Taco NNN Investment Property

    1815 East Isaacs Avenue, Walla Walla, WA 99362

    Contact for pricing
    2,181 sqft

    Freestanding drive-thru restaurant with a single-tenant lease structure and on-site parking.

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    Applebee's NNN Restaurant
    Applebee's NNN Restaurant

    1604 Plaza Way, Walla Walla, WA 99362

    Contact for pricing
    6,025 sqft 1.29 AC lot

    Freestanding Applebee's restaurant on 1.29 acres, subject to a 20-year NNN lease with 10 years remaining.

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    Freestanding NNN Sporting Goods Location
    Freestanding NNN Sporting Goods Location

    1968 N 1st Street, Hermiston, OR 97838

    Contact for pricing

    Freestanding NNN asset leased to Big 5 Sporting Goods with more than 10 years remaining.

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    NNN Specialty Property with Cell Tower
    NNN Specialty Property with Cell Tower

    405 N 1st St, Hermiston, OR 97838

    $1,295,000

    Well-maintained NNN specialty property with a included cell tower lease behind the building.

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    Pendleton, OR Nnn Properties Market Trends and Statistics

    Explore 1 nnn properties for sale in Pendleton, OR on our real estate platform. These investment opportunities span a total of 2,500 square feet of properties for sale.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +4.7%
    Median Household Income $73,308
    College Educated 35.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.83%
    Property Tax per SF $17.84 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Umatilla County

    New Delisted

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