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Chipotle 465 E Main St 2,417 SF 4-Star Retail Building Westfield, MA 01085 $2,141,500 ($886.02/SF) 5.30% Cap Rate
Investment Highlights
- Corporate Chipotle Mexican Grill, Inc (NYSE: CMG)
- At a Big Y grocery anchored center
- Surrounded by national tenants including Home Depot, Aldi, McDonald’s Starbucks, TJ Maxx and many others
- Long term net lease with rent increases
- Major destination shopping hub
- 5-mile radius: $111,000+ average household income
Executive Summary
HMX Realty Advisors is pleased to offer for sale a prime commercial property featuring a newly constructed Chipotle
restaurant. Open since October 2022, this build-to-suit location boasts a dedicated pick-up lane, catering to the
growing demand for convenient takeout options. The property is strategically located within a high-performing
shopping center anchored by Big Y grocery, ensuring a consistent flow of consumer traffic. Further enhancing its
appeal, the site enjoys exceptional visibility directly across from a Home Depot. Positioned on Main Street, a major
commercial thoroughfare, the property is surrounded by a diverse mix of established national retailers, including Aldi,
McDonald's, CVS, TJ Maxx, and Starbucks, guaranteeing a strong and synergistic retail environment.
restaurant. Open since October 2022, this build-to-suit location boasts a dedicated pick-up lane, catering to the
growing demand for convenient takeout options. The property is strategically located within a high-performing
shopping center anchored by Big Y grocery, ensuring a consistent flow of consumer traffic. Further enhancing its
appeal, the site enjoys exceptional visibility directly across from a Home Depot. Positioned on Main Street, a major
commercial thoroughfare, the property is surrounded by a diverse mix of established national retailers, including Aldi,
McDonald's, CVS, TJ Maxx, and Starbucks, guaranteeing a strong and synergistic retail environment.
Property Facts
Sale Type
Investment NNN
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
2,417 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2022
Price
$2,141,500
Price Per SF
$886.02
Cap Rate
5.30%
NOI
$113,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Parking
135 Spaces (10 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | WFLD-000029-R000000-000002 | Improvements Assessment | $24,624,600 |
| Land Assessment | $2,706,500 | Total Assessment | $27,331,100 |
Property Taxes
Parcel Number
WFLD-000029-R000000-000002
Land Assessment
$2,706,500
Improvements Assessment
$24,624,600
Total Assessment
$27,331,100
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Chipotle | 465 E Main St
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