Hanley Investment Group Arranges Sale of New Construction, Single-Tenant Chipotle Mexican Grill in Torrance, Calif., for $5.89 Million

TORRANCE, Calif. - Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm facilitated the acquisition of a new construction, single-tenant property occupied by a Chipotle Mexican Grill in Torrance, California, for a private investor. The sales price was $5.89 million.

Hanley Investment Group's Executive Vice Presidents Bill Asher and Jeff Lefko, and Vice President Sean Cox, represented the buyer, a Los Angeles-based private investor. The seller, a private investor based in Los Angeles, was represented by Christopher Huddleston of The Sher Group in Los Angeles.

"We represented an all-cash, repeat buyer seeking a national corporate tenant-leased investment in the greater Los Angeles area, who desired to close escrow by year-end," said Asher. "We successfully facilitated a year-end purchase while structuring a mutually beneficial closing for both parties prior to Chipotle opening for business and paying rent."

Asher noted the transaction was completed in 30 days from the initial letter of intent to closing escrow.

The new 3,570-square-foot Chipotle is located on a 0.37-acre parcel at 1019 West Carson Street in Torrance, directly across the street from Harbor-UCLA Medical Center's 72-acre campus, which is undergoing a significant expansion and modernization project. This $1.7 billion investment led by Los Angeles County Public Works aims to replace the existing hospital and consolidate outpatient services into new, state-of-the-art facilities. The medical center will remain open during construction, which is expected to be completed in 2027.

"This is a coveted investment-grade, single-tenant Chipotle Mexican Grill with a new 15-year triple-net corporate guaranteed lease, located at the shared, signalized hard corner of the main hospital entrance in a high-traffic corridor alongside In-N-Out, Chick-fil-A, and Starbucks," Asher highlighted. "Because of these factors, we knew the asset wouldn't be on the market long, and therefore we helped the buyer secure the opportunity as quickly as possible. Chipotle is a highly sought-after brand in the fast-food industry, known for its high-quality ingredients and commitment to sustainability. This reputation attracts a loyal customer base, ensuring long-term consistent foot traffic and sales."

About Hanley Investment Group

Celebrating 20 years, Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with over $11.5 billion transaction track record that specializes in the sale of retail properties nationwide. Our expertise, proven track record, and unwavering dedication to putting clients' needs first set us apart in the industry. Hanley Investment Group creates value by delivering exceptional results through the use of property-specific marketing strategies, cutting-edge technology, and local market knowledge. Our nationwide relationships with investors, developers, institutions, franchisees, brokers, and 1031 exchange buyers are unparalleled in the industry, translating into maximum exposure and pricing for each property. With unmatched service, Hanley Investment Group has redefined the experience of selling retail investment properties.

For more information, visit www.hanleyinvestment.com [http://www.hanleyinvestment.com/].

Media Contact
Company Name: Hanley Investment Group Real Estate Advisors
Contact Person: Bill Asher, Executive Vice President
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hanley-investment-group-arranges-sale-of-new-construction-singletenant-chipotle-mexican-grill-in-torrance-calif-for-589-million]
Phone: 949.585.7684
Address:3500 East Coast Highway, Suite 100
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/

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