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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
Fast Food
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 89-16-21-000-107.011-030
  • 89-16-21-000-107.000-030
Land Assessment
$2,586,700
Improvements Assessment
$3,167,800
Total Assessment
$5,754,500
  • Listing ID: 34862436

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 2511 Chester Blvd, Richmond, IN 47374

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