6530 Tutt Blvd | Colorado Springs, CO 80923
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- LoopNet Team
6530 Tutt Blvd
Colorado Springs, CO 80923
Chipotle · Retail Property For Sale
Investment Highlights
- Corporate lease to Chipotle Mexican Grill, Inc., the leading company in the fast casual restaurant space with a $57B market cap (NYSE: CMG)
- Positioned just east of the major signalized intersection of North Powers Blvd and Dublin Blvd (89,000 VPD)
- “Chipotlane” location with a drive-up window that can be converted to a traditional drive thru in the future
- Long-term 10-year lease estimated to commence in August 2023 with 10% increases every five years
- Affluent area with average annual household income of approximately $125,000 within 3 miles
- Colorado Springs ranked the #1 “Most Desirable Place to Live in the U.S.” in 2022 by U.S. News
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,325 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.36 AC
Zoning
C6 AO
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