Chipotle 5850 Springboro pike 2,325 SF Retail Building Dayton, OH 45449 $2,935,000 ($1,262.37/SF) 5.45% Cap Rate

INVESTMENT HIGHLIGHTS

  • New 15-Year Lease with 10% Increases Every 5 Years
  • Chipotle’s Stock (NYSE: CMG) has Increased Approximately 345% Over the Last 5 Years
  • Upgraded Prototype with Brick/Stone Finishes and “Chipotlane” Drive-Thru, Minimal Landlord Responsibilities
  • Corporate Guaranty (3,615+ Locations), Fortune 500 Company with $9.53 Billion in Annual Revenu
  • Average Unit-Level Sales for Chipotle is Over $3 Million in the U.S., Equates to a 5.3% Rent-to-Sales Ratio for this Store
  • Serving 157,700+ Residents Centered Amongst Dayton’s Most Affluent and Growing Suburbs

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,325 SF
Building Class
B
Year Built
2024
Price
$2,935,000
Price Per SF
$1,262.37
Cap Rate
5.45%
NOI
$159,960
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.48 AC

NEARBY MAJOR RETAILERS

Huntington National Bank
First Financial Bank
Fifth Third Bank
Applebee's
Meijer Pharmacy
Kroger
Starbucks
Skyline Chili
Super Subby's
Fazoli's

PROPERTY TAXES

  • Listing ID: 34096797

  • Date on Market: 12/5/2024

  • Last Updated:

  • Address: 5850 Springboro pike, Dayton, OH 45449