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Property profile & analytics
OFF-MARKET
Retail space

920 Wood Vlg Blvd Wood Village, OR 97060

0.78 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US71-1508989
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, fee-simple Chipotle restaurant in Wood Village, Oregon. Built in 2023, this 2,325 square foot QSR boasts a signature Chipotlane drive-thru, indoor dining, and outdoor patio seating. Situated on a 1.41-acre lot with 38 parking spaces, the property enjoys a prime location as an outparcel to the Wood Village Town Center. The 100% occupied property is under a corporate-guaranteed, 15-year net lease (NN) with 14.1 years remaining, featuring fixed 7.5% rent increases every five years. The lease includes three five-year renewal options. The property generates a strong NOI of $145,313, representing a 5.00% cap rate and a price per square foot of $1,250. The asking price is $2,906,260. This investment offers exceptional cash flow, built-in rent growth, and a resilient tenant in a desirable location within the Portland MSA. The property's address is 920 NE Wood Village Blvd, Wood Village, OR 97060, and its APN is R489399. This is a rare opportunity to acquire a high-performing, passively managed asset with significant long-term growth potential. The property benefits from excellent visibility, strong traffic counts, and limited fast-food competition. The tenant, Chipotle, is a well-established, recession-resistant brand. This is a truly exceptional investment opportunity for those seeking a stable, high-return asset.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.78 ac (34,082 SF)
Zoning code TC
APN 1N3E34B 00817
UPID US71-1508989
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chipotle Mexican Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Wood Village Se I LLC · 6 yrs held
Wood Village Se I LLC
since 2020
6 recorded transactions
2020
$410,464
2019
$410,464
2018
$26.6M
2012
Price N/A
2012
$27.6M
2007
$34.5M
Zoning & alternative use
TC · Wood Village, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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