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3194 Henry St
Norton Shores, MI 49441
Chipotle Drive-Thru | 12-Year Corporate Lease · Retail Property For Sale
Investment Highlights
- 12-Year Lease with Increases Throughout Base Term and Options
- Chipotle’s Stock (NYSE: CMG) is Up Approximately 345% Over the Last 5 Years
- Brand New Prototype with “Chipotlane” Drive-Thru, Limited Landlord Responsibilities
- Corporate Guaranty, Fortune 500 Company with 3,304+ Locations and $9.53 Billion in Annual Revenue
- Average Unit-Level Sales for Chipotle is Nearly $3 Million in the U.S.
- Serving Over 93,000 Residents in Growing Primary Trade Area
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.36 AC
Zoning
C-2 - Commercial
Parking
10 Spaces (4.3 Spaces per 1,000 SF Leased)
Frontage
105’ on Henry Street
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 27-106-300-0001-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $223,000 |
Property Taxes
Parcel Number
27-106-300-0001-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$223,000
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