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135 Allan Ave
Owatonna, MN 55060
Chipotle | Owatonna. MN · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Single-Tenant Corporate Chipotle with Drive-Thru; 2025 Complete Remodel
  • 10% Increases Every 5 Years During the Base Term and Each of the Three 5-Year Options
  • Prime Location in a Dense Retail Corridor with Direct Connection to Minneapolis via Interstate 35 (36,000+ CPD)
  • 15-year NNN lease
  • Surrounded by National Tenants: Target, Walmart Supercenter, Lowe’s, Kohl’s, Applebee’s, Taco Bell, Arby’s, Jimmy John’s, Starbucks, and many more
  • Growing Trade Area with Several Corporate Offices, Distribution Centers, Warehouses, and Headquarters Surrounding the Subject Property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,930 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.79 AC
Zoning
C1 - Commercial
Parking
37 Spaces (12.63 Spaces per 1,000 SF Leased)
Frontage
126’ on West Bridge Street

AMENITIES

  • Signage
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-418-0204
Land Assessment
$278,800
Improvements Assessment
$223,200
Total Assessment
$502,000
  • Listing ID: 35845928

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 135 Allan Ave, Owatonna, MN 55060

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