Hanley Investment Group Arranges $7.24 Million Sale of Newly Constructed Shake Shack Drive-Thru in Oxnard, California

OXNARD, Calif. - Hanley Investment Group Real Estate Advisors, a national real estate brokerage and advisory firm specializing in retail property sales, announced today the sale of a newly constructed, single-tenant Shake Shack drive-thru located at 711 Town Center Drive in Oxnard, California. The sale price was over $7.24 million.

Hanley Investment Group's Vice President Sean Cox and Executive Vice Presidents Jeff Lefko and Bill Asher represented the seller, a Texas-based developer. The buyer, a private 1031 exchange investor from Northern California, was represented by Judson Kauffman of Surmount in New York, New York.

"We generated multiple qualified offers from high-net-worth private investors and 1031 exchange buyers and procured a San Francisco Bay Area-based investor who had recently sold their gas station business and real estate," said Cox. "The sale represents the highest recorded price for a single-tenant Shake Shack property nationwide."

The 3,286-square-foot Shake Shack restaurant, built in 2025 on a 1.01-acre parcel, features a new 15-year corporate-guaranteed absolute triple-net ground lease. The building showcases Shake Shack's latest prototype with a double-lane drive-thru, and all construction was completed at the tenant's sole expense, underscoring their long-term commitment to the site, according to Cox.

Shake Shack (NYSE: SHAK) operates more than 570 locations across 34 states and over 200 international markets as of Q3 2025. The company opened 43 company-operated stores in FY2024, marking its highest annual expansion to date. Shake Shack is forecasting revenue growth of 16% to 18% for 2025 and was ranked #2 on TimeOut's 2024 list of "Best Fast-Food Burger Chains in America."

The property is located at the hard-corner signalized intersection of North Oxnard Boulevard and Town Center Drive, with over 63,000 cars per day (CPD) and prominent visibility from the U.S. 101 Freeway (168,000 CPD). It offers immediate access to the freeway's on/off ramps and is part of The Landing at Riverpark, a new mixed-use development featuring two Marriott-branded hotels, an 85-unit senior living facility, and 104,000 square feet of office and retail space. Co-tenants include Chick-fil-A, Panda Express, Starbucks, Handel's Ice Cream, Nektar Juice Bar, and UPS.

The site is adjacent to The Collection at Riverpark, a 650,000-square-foot regional lifestyle center anchored by Whole Foods, Target, Cinemark, REI, and other national retailers. According to Placer.ai, The Collection sees 10.4 million annual visits and ranks in the top 1% of lifestyle centers nationwide. Whole Foods ranks in the top 9% and Target in the top 3% of their respective chains nationwide.

The property benefits from strong daytime demographics, with more than 239,000 employees within a five-mile radius. Oxnard is Ventura County's most populous city and ranks as the 19th largest in California. According to the U.S. Census Bureau, Oxnard's retail sector generated over $2.3 billion in sales in 2020, reflecting the city's vibrant community, educated workforce, and business-friendly climate.

"Investor appetite for newly constructed, single-tenant net lease assets backed by nationally recognized tenants in high-growth markets remains robust," said Cox. "Shake Shack's double-lane drive-thru prototype, combined with its corporate lease structure and prime coastal location, made this a standout offering. By leveraging Hanley's proprietary investor database and targeted marketing platform, we generated multiple competitive offers and delivered a record-setting outcome for the seller."

About Hanley Investment Group

Hanley Investment Group Real Estate Advisors is a real estate brokerage and advisory services company with a $12 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: Sean Cox, Vice President
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=hanley-investment-group-arranges-724-million-sale-of-newly-constructed-shake-shack-drivethru-in-oxnard-california]
Phone: 949.244.9335
Address:3500 East Coast Highway, Suite 100
City: Corona del Mar
State: California
Country: United States
Website: https://hanleyinvestmentgroup.com/

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