2511 Chester Blvd | Richmond, IN 47374
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- LoopNet Team
2511 Chester Blvd
Richmond, IN 47374
Chipotle Drive-Thru · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-Year Lease with 10% Increases Every 5 Years
- Chipotle’s Stock (NYSE: CMG) has Increased Approximately 250% Over the Last 5 Years
- Brand New Prototype with “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
- Corporate Guaranty (3,437+ Locations) by Fortune 500 Company, $10.98 Billion in Annual Revenue
- Average Unit-Level Sales for Chipotle is Nearly $3.5 Million in the U.S., Equates to a 4.5% Rent-to-Sales Ratio for this Store
- Only Chipotle Drive-Thru in Wayne County Serving Over 66,000+ Residents
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,350 SF
Building Class
B
Year Built
2024
Tenancy
Single
Building Height
1 Story
Lot Size
22.71 AC
Zoning
ZO01
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,167,800 | |
| Land Assessment | $2,586,700 | Total Assessment | $5,754,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,586,700
Improvements Assessment
$3,167,800
Total Assessment
$5,754,500
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