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1003 Village Center Dr
Tarentum, PA 15084
Chipotle | New Construction 15 Yr Lease · Retail Property For Sale
Investment Highlights
- New Construction Chipotle w/ Drive-thru 15-Year Double-Net Lease in the Pittsburgh, PA MSA
- High Performing Chipotle Ranking Top 30% Nationally, Top 28% in Pennsylvania, and #3 Out of 11 Chipotles Within a 15-Mile Radius
- Corporate Guaranty from Chipotle Mexican Grill, Inc. (NYSE: CMG) - $80 Billion Market Cap & $9.9 Billion Revenue (FY2023)
- Outparcel to Lowe’s (Top 14% Nationally) & Part of the Larger Village at Pittsburgh Mills Shopping Destination w/ 5.6 Million Annual Visitors (Top 10
- Minimal Landlord Responsibility – Roof/ Structure Only; Duro-Last PVC Roof w/ 20- Year “No Dollar Limit” Warranty
- Store Equipped w/ Mission-Critical “Chipotlane” Drive-Thru – Chipotle Reports Digital Orders (Pickup or Delivery) are Responsible for 37% of 2023 Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,496 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.66 AC
Parking
23 Spaces (9.21 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 0728-D-00072-0000-00 | Improvements Assessment | $491,500 |
| Land Assessment | $267,400 | Total Assessment | $758,900 |
Property Taxes
Parcel Number
0728-D-00072-0000-00
Land Assessment
$267,400
Improvements Assessment
$491,500
Total Assessment
$758,900
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