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Chipotle | Sharonville OH (Cincinnati MSA) 12154 Lebanon Rd 2,325 SF 100% Leased 4-Star Retail Building Sharonville, OH 45241 $3,047,619 ($1,310.80/SF) 5.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • BRAND NEW CONSTRUCTION WITH CHIPOTLANE DRIVE-THRU: Convenient digital drive-thru ordering
  • STRONG CORPORATE GUARANTEE: Backed by Chipotle Mexican Grill, Inc., with over 3,700 locations nationwide
  • GROWING CINCINNATI MARKET: Projected to add about 248,000 new residents by 2050, where average annual household incomes are nearly $150,000
  • LONG-TERM ABSOLUTE NNN LEASE: 15-year corporate lease with zero landlord responsibilities
  • HIGH-VISIBILITY SHARONVILLE LOCATION: Strategically situated Kroger outparcel on US-42 with strong traffic counts and excellent visibility

EXECUTIVE SUMMARY

Grand Opening: Sept 29th 2025! This brand-new Chipotle property presents a premier passive investment opportunity, featuring state-of-the-art construction with the high-performing Chipotlane digital drive-thru format. The asset is secured by a 15-year absolute NNN corporate lease backed by Chipotle Mexican Grill, Inc. (NYSE: CMG), one of the nation’s most successful fast-casual restaurant operators with more than 3,700 locations nationwide. Chipotle’s strong digital sales platform and convenient drive-thru model make it both e-commerce and recession-resistant, ensuring reliable tenant performance. The property benefits from a prime Sharonville location, positioned as a Kroger outparcel along heavily trafficked U.S. Route 42 with excellent visibility in a dense, affluent suburb where average household incomes of $150,000. Supported by the growing Cincinnati metro, which is projected to gain nearly 248,000 new residents by 2050, this offering combines long-term income stability with strong market fundamentals.

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
2,325 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2025
Price
$3,047,619
Price Per SF
$1,310.80
Cap Rate
5.25%
NOI
$160,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.51 AC

AMENITIES

  • Signage
  • Tenant Controlled HVAC
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Chipotle
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Chipotle Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Bank of America
Huntington National Bank
Scramblers
Skyline Chili
Patel Brothers
Starbucks
Kroger
Chase
Waffle House
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
608-0029-0498
Land Assessment
$875,263
Improvements Assessment
$1,067,770
Total Assessment
$1,943,033
  • Listing ID: 37600753

  • Date on Market: 9/9/2025

  • Last Updated:

  • Address: 12154 Lebanon Rd, Sharonville, OH 45241

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