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Chipotle 1245 Commerce Blvd 2,206 SF Retail Building Dickson City, PA 18519 $1,805,000 ($818.22/SF) 5.38% Cap Rate
Investment Highlights
- 81st percentile nationally in sales
- Located in Scranton,PA MSA
- Strong Tenant and corporate guaranty
Executive Summary
Equity CRE is pleased to present a Chipotle property in Dickson City, PA, available for sale to qualified investors. This offering includes a recently extended 10-year NN lease with four 5-year renewal options, each featuring a 10% rental increase. The lease is backed by a corporate guaranty from Chipotle, which reported $11.3 billion in annual revenue in 2024, ensuring stable lease payments and long-term security for property owners.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,206 SF
Building Class
B
Year Built
2015
Price
$1,805,000
Price Per SF
$818.22
Cap Rate
5.38%
NOI
$97,020
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.87 AC
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
45’ on Commerce Blvd
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Chipotle Mexican Grill began in 1993 when Steve Ells opened a restaurant in Denver, Colorado. The company focuses on burritos, tacos, bowls, and salads made with fresh ingredients. Customers can customize their orders while watching the food preparation. Chipotle operates thousands of locations internationally and emphasizes using real food without artificial additives. The chain has grown substantially since its founding and remains a major player in the fast-casual dining industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1130303001114 | Improvements Assessment | $154,754 |
| Land Assessment | $117,978 | Total Assessment | $272,732 |
Property Taxes
Parcel Number
1130303001114
Land Assessment
$117,978
Improvements Assessment
$154,754
Total Assessment
$272,732
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Chipotle | 1245 Commerce Blvd
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