Los Angeles Investor Acquires Chipotle Property In Sacramento's Natomas Market For $4.95M

A Sacramento Chipotle property with a drive-thru for online orders has been sold to a Los Angeles investor for $4.95 million, setting a record per-square-foot sale at 2650 Arena Blvd in Natomas. The property encompasses 2,347 square feet and sold at a price of $2,109 per square foot. The appeal of this property lies in Chipotle's 15-year lease and its proximity to an upcoming Costco store.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $4,950,000
• Address: 2650 Arena Boulevard
• Market: Natomas
• Seller: Chase Partners Ltd
• Buyer's Representative: Jenny Eng - CBRE
• Seller's Representatives: Bill Asher & Jeff Lefko - Hanley Investment Group

The buyer's representative in this deal was Jenny Eng from CBRE, while the seller's representatives were Bill Asher and Jeff Lefko from Hanley Investment Group.