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1551 S Main St
Bellefontaine, OH 43311
Chipotle · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-year NN lease
  • New fast-lane prototype allows convenient order and pick-up
  • Numerous surrounding nationally branded retail and restaurants
  • Four 5-year options to extend with 10% increases in base term and options
  • Located on primary commercial corridor in Bellefontaine
  • 59 miles from downtown Columbus

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,360 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.90 AC
Zoning
B-3 - General Business
Parking
45 Spaces (19.07 Spaces per 1,000 SF Leased)
Frontage
124’ on U.S. 68

ABOUT 1551 S MAIN ST , BELLEFONTAINE, OH 43311

Chipotle is located on S. Main Street, the primary commercial corridor in Bellefontaine, OH, which is 48 miles northwest of Columbus and the county seat of Logan County. Bellefontaine draws from a 10-mile trade area. Chipotle is surrounded by a plethora of nationally branded retail, including Walmart Supercenter, Lowe’s Home Improvement, Big Lots, JCPenney, Ashley Home Furniture, Tractor Supply, Dollar Tree, Dollar General, Maurice’s and numerous fast-food restaurants including McDonald’s, Wendy’s, KFC, Burger King, Pizza Hut, and Domino’s. Chipotle is located 1.3 miles from Bellefontaine High School (711 students), and Clark State College Campus is 4.2 miles away (1,213 full time students and 5,016 part time students). Bellefontaine used to be a farming community but is now part of the “Honda Car Manufacturing Quadrant” of Northwestern Ohio. Honda Manufacturing is located in Logan County (2,500 employees) as well as suppliers/services including AGC Glass (486 employees), Honda Transmission (1,153 employees), Midwest Express (800 employees), Nash Finch (292 employees), and Transportation Research Center (377 employees). All of these companies are located within 15 miles of Bellefontaine. The lease features a new 10-year NN term (Landlord responsible for roof and structure) with four 5-year options to extend and 10% increases in the base term and options. The property features the latest attractive and contemporary prototype with ample signage, visibility, and ingress/egress from S Main Street. The new fast-lane prototype allows customers to conveniently order from a mobile app and pick-up at the given time without entering the store.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-106-12-03-002-009
Land Assessment
$157,780
Improvements Assessment
$521,750
Total Assessment
$679,530
  • Listing ID: 18476796

  • Date on Market: 2/10/2020

  • Last Updated:

  • Address: 1551 S Main St, Bellefontaine, OH 43311

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