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425 E. Hickman Rd
Waukee, IA 50263
15-Year Corporate Chipotle Drive-Thru · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 15-Year Corporate Net Lease to Chipotle (NYSE: CMG)
  • Drive-Thru Equipped “Chipotlane” Store - First in Des Moines Metro
  • Affluent Surrounding Demographics - $134,000 AHHI within 5-Mile Radius
  • High-Visibility Site on Hickman Rd, Waukee’s Primary Thoroughfare - 52,000 VPD
  • Staggering Population Growth of 103% (since 2010) within 1-Mile Radius
  • Path-of-Growth Location- Adjacent to Forthcoming Target-Anchored Development & 1,000 Units of Housing

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.83 AC
Zoning
C1-B
Parking
38 Spaces (16.34 Spaces per 1,000 SF Leased)
Frontage
60’ on Hickman Rd

AMENITIES

  • 24 Hour Access
  • Restaurant
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-27-382-002
Land Assessment
$653,690
Improvements Assessment
$1,057,010
Total Assessment
$1,710,700
  • Listing ID: 31023344

  • Date on Market: 2/22/2024

  • Last Updated:

  • Address: 425 E. Hickman Rd, Waukee, IA 50263

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