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5 Radcliffe Dr
Moosic, PA 18507
Chipotle | New Construction · Retail Property For Sale
Investment Highlights
- New construction Chipotle build-to-suit offering zero deferred maintenance and tax shelter via deprecation for the landlord
- Chipotle's newest prototype with “Chipotlane” which functions as a drive-thru and a pickup window for online orders
- Will be the “go to” location as the next closest Chipotle is over 11 miles away and the closest Qdoba is 50+ miles away
- Chipotle executed a new 15-year NNN lease with three options to renew and a commencement/completion date in fall of 2022
- The subject property’s lease includes 10% rental increases every 5 years in the base term of the lease and in each option period
- Less than 1 mile from on/off ramps to Interstate 81 which sees over 72,000 vehicles per day and situated approximately 4.5 miles from the Wilkes-Barre
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,562 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Property Taxes
| Parcel Numbers | Improvements Assessment | $373,340 | |
| Land Assessment | $701,400 | Total Assessment | $1,074,740 |
Property Taxes
Parcel Numbers
Land Assessment
$701,400
Improvements Assessment
$373,340
Total Assessment
$1,074,740
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