Oxnard, Calif. — Hanley Investment Group Real Estate Advisors has brokered the $7.2 million sale of a single-tenant restaurant property in Oxnard. Shake Shack occupies the 3,286-square-foot building, which was built in 2025, under a new 15-year corporate-guaranteed absolute triple-net ground lease. The restaurant features Shake Shack’s latest prototype with a double-lane drive-thru.
Sean Cox, Jeff Lefko and Bill Asher of Hanley Investment Group represented the seller, a Texas-based developer, in the transaction. Judson Kauffman of New York-based Surmount represented the buyer, a Northern California-based private 1031 exchange investor.
Shake Shack operates more than 570 locations across 34 states, along with over 200 international markets as of third quarter 2025. The company opened 43 company-operated stores in fiscal year 2024, marking its highest annual expansion to date.