Habit Burger Ground Lease | Riverbank, CA
New 20-Year Abs NNN Ground Lease | Excellent Visibility on Signalized Intersection
Marketing description
Cushman & Wakefield is pleased to exclusively offer for sale a new 20-year absolute NNN ground lease to Habit Burger & Grill located at the southwest corner of Patterson Road and Estelle Avenue in Riverbank, California. This prime investment opportunity features a brand new 2026 construction built to the latest Habit Burger & Grill prototype on an efficient 0.58-acre parcel with drive-thru capability.
The property benefits from exceptional visibility and access at a signalized intersection with direct exposure to State Route 108 (26,000 AADT). The site serves as a high-traffic outparcel in a multi-tenant retail center co-anchored by Grocery Outlet and Tractor Supply Company, with strong proximity to the Riverbank Crossroads shopping center (anchored by Target) which welcomes over 8 million visitors annually, and Crossroads West, a new retail development anchored by Costco.
The investment features a corporate-backed lease with 10% rental increases every five years throughout the initial 20-year term and four additional five-year option periods. The lease structure is absolute NNN with the tenant responsible for all taxes, insurance, and maintenance including roof, structure, and parking lot. Located in a populous and growing suburb with 132,072 residents within five miles and an excellent average annual household income of $125,719 within three miles, this Habit Burger & Grill offers investors a secure income stream in a strategically positioned Central Valley market with ideal access to San Francisco, San Jose, and Sacramento.
Investment highlights
- New 20-year absolute NNN ground lease to Habit Burger & Grill, which has grown to over 385 restaurants across 14 states and internationally.
- 10% rental increases every five (5) years in initial term and three (4) option periods of five years each, ensuring consistent income growth.
- Corporate-backed lease by Habit Burger & Grill offers significant added financial security.
- Habit Burger & Grill's system sales grew approximately 3% year-over-year in the third quarter of 2025.
- Habit was ranked #1 Best Fast Casual Restaurant and also topped USA TODAY 10-Best lists for multiple menu items, highlighting strong consumer preference and brand momentum.
- High-visibility and easily accessible location at the signalized intersection of Patterson Road and Estelle Avenue.
- Direct visibility and access from State Route 108, allowing the site to capture significant commuter traffic (26,000 AADT).
- Property serves as a high-traffic outparcel in a multi-tenant retail center co-anchored by Grocery Outlet and Tractor Supply Company, allowing the site to maximize on potential crossover retail opportunities.
- Located two miles north of the Riverbank Crossroads shopping center (anchored by Target), which welcomes over 8 million visitors annually, and Crossroads West, a new retail development anchored by Costco.
- 132,072 residents live within five miles of the property, a 10% increase since 2010.
- Excellent average annual household income of $125,719 within a three-mile radius of the property.
- Projected income increases within 1-, 3-, and 5-mile radii over the next five years poise this Habit Burger & Grill and Riverbank for steady concurrent growth.
- Centrally located between San Francisco, San Jose, and Sacramento, giving this Habit Burger & Grill ideal access to long-distance bay area commuters.
- Brand new 2026 construction built to the latest Habit Burger & Grill prototype.
- Property is located on an efficient 0.58-acre parcel to ensure ease of ingress and egress.
- Site features a drive-thru for added customer convenience, greatly enhancing the appeal of this Habit Burger & Grill.
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