2416 Nob Hl Blvd, Yakima, WA 98902-5103

This exceptional investment opportunity presents a fee-simple ownership of a 2,325-square-foot, build-to-suit Chipotle restaurant featuring a Chipotlane drive-thru. Located in Yakima, WA's Rainier Square Shopping Center, this property boasts a prime location at the hard corner of W Nob Hill Blvd and 24th Ave, experiencing over 30,000 vehicles per day. Constructed in 2022, the single-story building sits on a 47,443-square-foot lot with ample parking (20 spaces). The property benefits from a triple-net (NNN) lease with a highly creditworthy tenant, Chipotle Mexican Grill (NYSE: CMG), a publicly traded company with over 3,400 US locations. The lease includes a 10% rent increase every five years, providing significant long-term growth potential. The surrounding Rainier Square Center includes other strong national and regional retailers, including Red Robin, Home2 Suites, and Tru by Hilton, further enhancing the property's value and consistent traffic flow. This is a rare opportunity to acquire a high-performing, passively managed asset with a strong tenant and significant upside potential. The asking price is $2,490,000, representing a 4.65% cap rate. The property's APN is 18132631497.