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337 W Mariposa Rd
Nogales, AZ 85621
15 Year Chipotle STNL - 5% CAP · Retail Property For Sale
Investment Highlights
- New 2023 retrofit with a drive-thru
- Corporate Guaranty from Chipotle Mexican Grill, Inc.
- Net lease with minimal landlord responsibilities (roof and structure)
- Long term 15-year lease
- Attractive 12.5% rent increases every 5 years to hedge against inflation
- Prototype ‘Chipotlane’ location with drive thru
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,995 SF
Building Class
C
Year Built
1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.51 AC
Zoning
Commercial - General Commercial
Parking
20 Spaces (6.68 Spaces per 1,000 SF Leased)
Frontage
140’ on Mariposa Road
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 102-01-019 | Improvements Assessment | $34,293 |
| Land Assessment | $12,467 | Total Assessment | $46,760 |
Property Taxes
Parcel Number
102-01-019
Land Assessment
$12,467
Improvements Assessment
$34,293
Total Assessment
$46,760
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