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1796 N Clinton St
Defiance, OH 43512
Chipotle Ground Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 10-Year Triple-Net (NNN) Corporate Ground Lease
  • 2021 Construction with “Chipotlane” Drive-Thru Concept
  • Outparcel to Walmart in the City’s Main Retail Corridor - Surrounding Retail Tenants Include Lowe’s, Meijer, Menard’s, Kohl’s, ALDI, Hobby Lobby, and
  • 10% Rental Increases Every 5 Years
  • 21,603 Residents within a 5-Mile Radius
  • Down the Road (Less Than 1 Mile) from Defiance College (800 Students)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,314 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.59 AC
Zoning
B-3 - Commercial Business District
Parking
45 Spaces (19.45 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
I06-0014-0-034-01
Land Assessment
$36,160
Improvements Assessment
$175,960
Total Assessment
$212,120
  • Listing ID: 21687300

  • Date on Market: 12/7/2020

  • Last Updated:

  • Address: 1796 N Clinton St, Defiance, OH 43512

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