12035 NE Halsey St | Portland, OR 97220
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- LoopNet Team
12035 NE Halsey St
Portland, OR 97220
Chipotle · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Corporate Guarantee from a Credit Rated Tenant | Absolute NNN Lease
- Rental Increases | 10% Rental Increases Every 5 Years providing a strong hedge against inflation
- Commuter Route Frontage | Property boasts frontage on NE Halsey St and just off NE 122nd Ave which see 50,000+ VPD
- Brand New Lease | 15 Years Remaining on the Lease
- 2024 Construction | Brand new build-to-suit for Chipotle with store opening August 8, 2024
- Ease of Circulation | Chipotle benefits from being situated on a .58 AC lot with ample parking and a drive-thru “Chipotlane”
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,376 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.58 AC
Zoning
C2 - Commercial
Parking
30 Spaces (12.63 Spaces per 1,000 SF Leased)
Frontage
155’ on Halsey St
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | R178014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $551,600 |
PROPERTY TAXES
Parcel Number
R178014
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$551,600
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